Credit Suisse had more Nazi-linked accounts than previously
3 days ago · The company logo is seen at the global headquarters of Swiss bank Credit Suisse the day after its shares dropped approximately 30% on March 16, 2023 in Zurich, Switzerland. This story was ...
What Happened at Credit Suisse, and Why Did It Collapse? - Investopedia
Mar 28, 2023 · Credit Suisse, the second-largest bank in Switzerland, collapsed in March 2023 and was bought by rival UBS for 3 billion CHF (about $3.3 billion USD). Credit Suisse faced numerous scandals...
UBS completes Credit Suisse takeover. Here’s what it means
Jun 12, 2023 · UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global...
Live updates: Credit Suisse deal, global stock market news - CNN
Mar 16, 2023 · Shares in Credit Suisse surged on Thursday after it agreed to a $53 billion loan from the Swiss central bank. Troubles at Switzerland’s second-biggest lender have sparked fears that banking...
Credit Suisse deal averted crisis, Swiss central bank says
Mar 23, 2023 · The Swiss central bank has hiked its key interest rate and declared that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial turmoil.
Credit Suisse collapse probe slams banking regulator
Dec 20, 2024 · "Credit Suisse's long-term mismanagement is the cause of the crisis," a parliamentary commission of inquiry said, following an 18-month investigation raking over the dramatic March 2023...
Live updates: Credit Suisse-UBS deal and global stock market news - CNN
Mar 20, 2023 · Credit Suisse, hobbled for decades by mismanagement, scandal and bad bets, finally succumbed to the emerging global banking crisis.
New Credit Suisse Nazi-Era Alegations: What It Means for UBS
5 days ago · An important financial media outlet cites allegations about previously undisclosed Nazi-linked accounts at Credit Suisse. The United States Senate is also involved. Fresh allegations about Credit Suisse's wartime activities have reignited fears of potential legal and financial challenges for UBS, which acquired the embattled bank in 2023.
Credit Suisse shares soar after central bank offers lifeline
Mar 16, 2023 · Swiss bank Credit Suisse said Thursday, March 16, 2023, it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States.
Factbox-Swiss findings on the Credit Suisse collapse - Yahoo …
Dec 20, 2024 · ZURICH (Reuters) - Switzerland on Friday published a long-awaited parliamentary report into last year's collapse of Credit Suisse, an event that called into question the country's reputation...