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UBS to cut more than half of workforce at Credit Suisse: Report
Analysts had warned that huge job losses were likely because of the overlapping activities at two of the world's most important banks.
Published on Jun 28, 2023 08:27 AM IST
AFP |
Over $68 billion withdrawn from Swiss' Credit Suisse ahead of UBS merger
Credit Suisse-UBS merger: Switzerland's long-time second largest bank saw 61.2 billion Swiss francs ($68.6 billion) withdrawn in the first quarter alone.
Published on Apr 24, 2023 04:25 PM IST
AFP |
Credit Suisse accused of obstructing probe into Nazi accounts investigation
Reports show, Credit Suisse seems to have maintained accounts for at least 99 individuals who were senior Nazi officials or members of Nazi-affiliated groups.
Published on Apr 19, 2023 05:07 PM IST
Bloomberg | | Posted by Animesh Chaturvedi
Credit Suisse rescue package rejected by Swiss parliament
Switzerland's parliament rejected on Wednesday the government's 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger with UBS.
Published on Apr 12, 2023 10:16 PM IST
Reuters |
Ex-RBI governor Raghuram Rajan says banking system headed for more trouble
Rajan said a decade of easy money and a flood of liquidity from central banks has caused an “addiction” and a fragility within the financial system.
Published on Apr 07, 2023 12:07 PM IST
Bloomberg | | Posted by Aryan Prakash
