News Switzerland Credit: Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
Allowing the bankruptcy of troubled lender Credit Suisse would have crippled Switzerland's economy and financial center and likely resulted in deposit runs at other banks, Swiss regulator FINMA said ...
News Switzerland Credit: Credit Suisse’s AT1 Bond Crash Fueled Leadership Crisis at HDFC
Shortly before midnight on the eve of a bank holiday in India, HDFC Bank Ltd., a favorite among global investors, stunned the market by announcing the abrupt exit of its chairman. One line in the ...
News Switzerland Credit: Credit Suisse had many more bank accounts with Nazi ties than previously known, investigation finds
The financial services company Credit Suisse had hundreds more bank accounts with Nazi ties than it had previously revealed, a new investigation reported this week. The findings were discovered when ...
News Switzerland Credit: Why Calling the Bottom on Credit Suisse Is Tricky
Company turnarounds can be very rewarding for investors, but they need perfect timing or nerves of steel to ride out the early bumps. The Swiss lender seems intent on testing its shareholders’ mettle.
News Switzerland Credit: Credit Suisse's problems mount as lender warns of fourth quarter loss
Credit Suisse warned on Tuesday that it would post a fourth-quarter loss as the scandal-hit lender flagged fresh legal costs and said business in its trading and wealth management divisions had slowed ...
News Switzerland Credit: Credit Suisse issues fourth-quarter profit warning as legal costs rise
Credit Suisse announced on Tuesday that its fourth-quarter earnings are set to be “negatively impacted” by increased litigation provisions. The Swiss bank said a charge of roughly 500 million Swiss ...
