Ex-Credit Suisse Client Charged by US Amid Tax Evasion Probe
A former Credit Suisse Group AG client was charged with a tax-evasion conspiracy in the US as officials weigh whether the bank — now owned by UBS Group AG — breached a 2014 plea deal in which it paid ...
UBS CEO Signals Job Cuts Will Continue in Quest to Lower Costs
UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic ...
UBS Removes Credit Suisse Logos From Former Zurich Headquarters
UBS Group AG has removed Credit Suisse’s signs at its one-time arch-rival’s former headquarters in Zurich, replacing them ...
Bloomberg L.P.22d
Why Credit Suisse Was a Magnet for Scandals
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 ...
Ex-Credit Suisse Bankers Use Niche Funds to Target Debt Swaps
In a small but lucrative corner of the market for structured credit products, boutique funds run by former Credit Suisse ...
Swissinfo1d
BOE Capital Adviser Says AT1s Should Be Ditched If Rules Change
Additional Tier 1 bonds should not be part of banks’ capital stack if and when the Bank of England decides to overhaul its ...
Acusan a excliente de Credit Suisse de evasión fiscal en EE.UU.
Una exclienta de Credit Suisse Group AG fue acusada de conspiración para evadir impuestos en Estados Unidos, mientras las autoridades evalúan si el banco —ahora propiedad de UBS Group AG— incumplió un ...
Lemssouguer’s Hedge Fund Gains 21% as Assets Near $7 Billion
Former Credit Suisse star trader Hamza Lemssouguer’s hedge fund Arini achieved another double-digit annual return, helping to ...
UBS to continue workforce job cuts following Credit Suisse acquisition
UBS Group AG (NYSE:UBS) is set to continue reducing its workforce following its historic acquisition of Credit Suisse, said CEO Sergio Ermotti in an interview to Bloomberg. The Swiss lender is aiming ...
Swissinfo19d
Credit Suisse Links to Nazi-Era Accounts Expand in Investigation
(Bloomberg) — Investigators looking into Credit Suisse’s connections to Nazi-era account holders uncovered new evidence that the bank failed to disclose during earlier probes, US Senate Budget ...
Europe’s Economic Slump Has Swiss Worried, Finance Chief Says
Switzerland’s finance minister is concerned that the economic slump in the European Union and Germany will also hit Swiss companies, as both are among the most important trading partners of the ...
Bloomberg L.P.23d
In the City: Why Credit Suisse Was a Magnet for Scandals
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 ...