European banks

Major banks shared sensitive bonds information in online chats, CMA finds
Traders at five banks found to have discussed British government bond trading between 2009 and 2013
Joanna Partridge
24, May, 2023 @1:32 PM

Deutsche Bank agrees to pay $75m to settle Jeffrey Epstein lawsuit
Group of women accused lender of helping facilitate US financier’s sex trafficking operations
Kalyeena Makortoff Banking correspondent
18, May, 2023 @10:15 AM

UBS to make $35bn in Credit Suisse takeover – but lose $17bn in rushed deal
UBS says it will absorb costs related to litigation, regulatory matters and liability adjustments in emergency rescue
Mark Sweney
17, May, 2023 @10:01 AM

NatWest first-quarter profits jump by 50% after interest rate rises
Banking group says some customers have had to dip into savings because of rising prices
Kalyeena Makortoff Banking correspondent
28, Apr, 2023 @10:34 AM

Credit Suisse investors suing Swiss regulator after £4bn bond wipeout
Finma accused of acting unlawfully and undermining confidence in Switzerland as a financial centre
Kalyeena Makortoff Banking correspondent
21, Apr, 2023 @2:10 PM

Twin threats of rising rates and deglobalisation leave IMF spooked
Fund is more cautious about world economic outlook after turmoil at Silicon Valley Bank and Credit Suisse
Larry Elliott Economics editor
11, Apr, 2023 @1:15 PM

UBS bosses urged to avoid job cuts and hikes in their pay after Credit Suisse deal
Shareholders line up at AGM to criticise creation of $5tn mega-bank after takeover of smaller rival
Kalyeena Makortoff Banking correspondent
05, Apr, 2023 @11:40 AM

Furious Credit Suisse investors say bank’s board should be ‘put behind bars’
Shareholders lash out during final AGM as boss apologises for crisis that led to takeover of lender by UBS
Kalyeena Makortoff Banking correspondent
04, Apr, 2023 @4:06 PM

Switzerland’s attorney general to investigate Credit Suisse takeover
Inquiry to focus on whether emergency state-backed UBS takeover breached criminal law
Julia Kollewe
02, Apr, 2023 @4:18 PM

UBS brings back former chief to oversee Credit Suisse takeover
Sergio Ermotti, who stepped down in 2020, will rejoin Swiss bank as it prepares to absorb troubled rival
Jasper Jolly
29, Mar, 2023 @9:31 AM

It may not be 2008 all over again – but this banking turmoil is not without danger | Richard Partington
New approach is needed to get UK through looming credit crunch after failure of recovery from crash
Richard Partington
26, Mar, 2023 @11:48 AM

Head of Credit Suisse talks of his profound sadness over UBS takeover
Ulrich Körner acknowledges an ‘emotional and challenging week’ after emergency deal was forced through by Swiss authorities
Alex Lawson
24, Mar, 2023 @6:24 PM
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