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

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

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

It was necessary. And it was the right thing to do. Because there was a risk that a collapse of Credit Suisse could trigger a global banking crisis like the one in 2008,” he said. Maurer claimed ...

Should the bank fail, there are no local rivals left to absorb it, while the cost of nationalisation could severely damage ...

"They must take responsibility, not the taxpayers in the end," said Maurer, who left office months before the final collapse of Credit Suisse in March 2023. "Legislative measures must also be ...

A U.S. federal judge said Manuel Chang betrayed his country in one of the biggest debt-corruption scandals in Africa.

Swiss banks have lowered their profit expectations for the coming years due to falling interest rates and despite higher credit demand after Credit Suisse's 2023 collapse, Ernst and Young (EY) said on ...

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 ...

Swiss authorities are in the coming weeks due to put forward stricter banking rules aimed at preventing a repeat of the 2023 collapse of Credit Suisse, which has left UBS as the country's sole ...