FILE - Swiss bank Credit Suisse CEO Ulrich Koerner attends an annual shareholders' meeting of the Swiss banking group in Zurich, Switzerland, on April 4, 2023. UBS said Tuesday, May 9, 2023, it's ...
Jo is a former writer at Forbes Advisor. Having worked in investment banking for over 20 years, she has turned her skills and experience to writing about all areas of personal finance. Her aim is to ...
Swiss bank UBS agreed to take over its longtime rival Credit Suisse as authorities seek to halt a dangerous decline in confidence in the global banking system. WSJ’s Patricia Kowsmann explains how the ...
UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global financial ...
Credit Suisse Chief Executive Officer Ulrich Koerner is set to leave UBS Group AG in the coming weeks after the completion of the merger of the two former Swiss rivals, a person familiar with the ...
UBS has been fined $387 million by regulators from the U.S and U.K. for alleged misconduct by its rival-turned-subsidiary Credit Suisse, which was found to have mishandled its dealings with defunct ...
Rep. Patrick McHenry, chairman of the House Financial Services Committee, said the contributions from a fundraiser that Signature Bank threw him prior to the bank’s collapse weren’t processed and have ...
Swiss federal prosecutors on Monday accused UBS-owned Credit Suisse of failing to prevent money laundering linked to loans ...
The charges are the latest in a saga that started around 2013, when Credit Suisse arranged debt deals for state-owned ...