Credit Suisse
UBS reports $785m loss due to costs of Credit Suisse integration
Swiss banking group has cut 13,000 jobs this year as it recovers from rushed rescue deal
Kalyeena Makortoff Banking correspondent
07, Nov, 2023 @8:42 AM
‘Like horse trading’: Credit Suisse retail investors challenge UBS takeover
Fresh legal claim planned by group of almost 1,000 shareholders to rushed rescue in March
Julia Kollewe
13, Aug, 2023 @1:31 PM
UBS ‘preparing to cut more than half of inherited Credit Suisse workforce’
Between 30,000 and 35,000 staff likely to leave combined group this year, according to report
Phillip Inman
28, Jun, 2023 @10:42 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
Is the banking crisis coming to an end? As JP Morgan CEO notes, risks linger
Jamie Dimon says this phase of bank collapses is over, but ‘other cracks in the system’ could still be revealed
Kalyeena Makortoff Banking correspondent
02, May, 2023 @4:36 PM
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
Virgin Media restores internet service after outages across UK – as it happened
Company’s own website went down and internet was inaccessible for several hours. Follow all our live coverage of business, economics and financial markets
Jasper Jolly
04, Apr, 2023 @11:57 AM
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
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