Under the proposed changes, some of which have yet to go through parliament, UBS will be required to hold around $26 billion in additional equity capital and fully back its foreign subsidiaries by ...

A former Credit Suisse Group AG banker who admitted to his role in a $2 billion fraud and money-laundering scheme avoided ...

Juan Grana, managing director and senior portfolio manager at Chorus Capital, has resigned after three years at the firm.

The Zurich Public Prosecutor's Office is investigating whether Hässig disclosed confidential banking information in his 2016 ...

Credit Suisse Group has appointed Jay Kim to its asset-backed securities (ABS) team, The Wall Street Journal reports. Kim will be responsible for managing the ABS business, which was earlier ...

Credit Suisse had 1,753 full-time workers at its RTP facilities at the end of 2023, down from roughly 2,300 the year prior. Zachery Eanes [email protected] North Carolina officials canceled ...

UBS is set to begin slashing jobs at Credit Suisse. New York bankers and traders are among those most at risk of the chop. Huge cuts follow layoffs by Goldman Sachs, Morgan Stanley, JPMorgan and ...

becoming the first major global bank to sell the risky securities since similar bonds issued by Credit Suisse were wiped out last month. Reuters, the news and media division of Thomson Reuters, ...

Credit Suisse Group AG has hired BlackRock Inc. to help sell a portfolio of structured bonds for the Swiss bank, becoming the latest entity to tap the money manager in a time of crisis. BlackRock ...

UBS Group’s emergency bailout of struggling lender Credit Suisse reportedly could result in “tens of thousands” of layoffs — and worried bankers are already said to be scrambling to ...

Credit Suisse shares fell almost 55% Monday after UBS agreed to buy the lender for $3.2 billion. Swiss authorities drove the takeover to try to stop Credit Suisse's troubles spreading to other banks.