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UBS reaps $28B in new money amid Credit Suisse fallout

GENEVA -- Swiss banking large UBS stated Tuesday that it took in $28 billion in new money from rich shoppers in the primary 3...

Credit Suisse clients pulled $69 billion as it teetered near collapse

Comment in this taleCommentCredit Suisse shed just about $69 billion in web belongings all through the primary 3 months of 2023, its newest...

Credit Suisse investors sue after facing billions in losses

LONDON -- A bunch of Credit Suisse investors have sued Swiss monetary regulators after a government-engineered takeover of the suffering financial institution via rival...

Credit Suisse faulted over probe of Nazi-linked bank accounts

U.S. lawmakers have accused embattled Swiss bank Credit Suisse of proscribing the scope of an inner investigation into Nazi purchasers and Nazi-linked bank accounts, together with...

Credit Suisse rescue rebuked by half of Swiss parliament

Switzerland’s decrease area of parliament has issued a searing — even though symbolic — rebuke of an emergency plan spearheaded by the chief department...

Credit Suisse takeover hits heart of Swiss banking, identity

GENEVA -- The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its recognition as a world monetary middle, analysts...

Credit Suisse helping ultra-rich Americans evade taxes: Senate panel

Comment in this taleCommentCredit Suisse, the Swiss financial institution just lately received by way of a rival, helped ultra-wealthy Americans cover thousands...

UBS brings back Ermotti as CEO with Credit Suisse deal ahead

UBS says it’s bringing back former CEO Sergio Ermotti to steer the Swiss financial institution as it strikes ahead with a government-orchestrated plan to...

Credit Suisse deal halted crisis, Swiss central bank says

GENEVA -- The Swiss central bank hiked its key rate of interest Thursday and insisted {that a} government-orchestrated takeover of Credit Suisse by...

Why $17 billion in Credit Suisse bonds became worthless

Troubled financial institution Credit Suisse will probably be received via Swiss rival UBS, a transfer engineered via the Swiss govt in an effort...

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