Switzerland's financial regulator was ineffective in tackling the scandals at Credit Suisse, where executive mismanagement scuppered the bank and nearly triggered a global financial crisis ...
The banking giant is set to pay at least a nine-figure sum over collapsed lender's failure to cooperate with efforts to catch ...
UBS Group AG has removed Credit Suisse’s signs at its one-time arch-rival’s former headquarters in Zurich, replacing them ...
Finma’s 2017 decision to grant Credit Suisse relief from capital requirements obscured the true state of the bank and prevented corrective measures from being taken on time, a specially-convened ...
The Swiss bank engaged in a “pattern of obstruction” by not sharing some information during past investigations into the lender’s ties to Nazis, the Senate Budget Committee said.
In 2023, Credit Suisse collapsed, shaking the foundations of the global banking establishment. But for onlookers who were aware of the lender’s numerous afflictions, it’s sudden demise was no ...
the strategy’s 1.7% loss for the year lagged its Credit Suisse Leveraged Loan Index but was less severe than its peer median’s 2% drop. The higher coupons available in floating-rate bank-loan ...
(Bloomberg) -- The Swiss parliament heavily criticized the previous leadership of Switzerland’s financial regulator Finma in a landmark inquiry into last year’s collapse of Credit Suisse.