Credit Suisse's years of mismanagement were at the root of its downfall in March 2023, the parliamentary commission of ...

Credit Suisse was among 30 international banks deemed too big to fail due to their importance in the global banking architecture. But the collapse of three US regional lenders in March 2023 left ...

( MENAFN - Swissinfo) Former Swiss Finance Minister Ueli Maurer has criticised a parliamentary report on UBS's takeover of ...

This week, Credit Suisse chairman Axel Lehmann was asked about the reasons behind the bank's collapse. His answer was surprising. According to Lehmann, not only had the bank been overcome by risk ...

UBS Group AG has removed Credit Suisse’s signs at its one-time arch-rival’s former headquarters in Zurich, replacing them ...

In March, Swiss authorities forced Credit Suisse to merge with larger rival UBS amid fears it could collapse. The move rendered worthless $17bn (£13.5bn) of bonds held by investors. "Everything ...

Switzerland might have averted the collapse of Credit Suisse, its second largest bank, if the country’s financial regulator took a harder line overseeing it and enforcing capital rules ...

followed two days later by the collapse of Signature Bank. After Credit Suisse shares plunged on Wednesday, a major investor - the Saudi National Bank - said it would not inject further funds into ...

One of those observers who saw it coming was Bloomberg editor Duncan Mavin, author of Meltdown: Greed, Scandal, and the Collapse of Credit Suisse. Mavin has covered banking malfeasance for more ...

Committee publishes 569-page report on Credit Suisse meltdown Says 'years of mismanagement' caused crisis Criticises lack of transparency at regulators Report will be used to inform banking sector ...

"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 collapse ...