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Swiss Push to Rewire Financial System in Wake of Banking Crash
Bloomberg· 1 day agoAs Credit Suisse spiraled toward insolvency early last year, a group of Swiss bankers, technocrats and regional officials were already busy laying the groundwork for a new type of financial infrastructure.
Credit Suisse unit inks deal with OCC over BSA/AML obligations
Compliance Week· 5 days agoIn late May, the OCC took over supervisory authority of the branch from the New York State...
Credit Suisse collapse showed weakness in regulatory framework: SNB
Reuters· 3 days agoThe collapse of Swiss bank Credit Suisse last year has highlighted weaknesses in the regulatory...
Roger Federer Retired From Tennis After $1B in Endorsements—Here’s How Much He’s Worth
STYLECASTER via Yahoo News· 2 days agoThat’s because Federer has a heap of endorsement deals. In 2018, he inked a 10-year, $300 million...
UBS Offers to Pay Investors 90% on Funds Hit by Greensill
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- UBS Group AG said it would give investors in Credit Suisse funds linked to the...
US regulators chide four big-bank 'living wills,' FDIC escalates Citi concerns
USA Today· 1 day agoU.S. bank regulators ordered Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase on Friday...
UBS sets aside €900m to repay Greensill investors
Daily Telegraph· 6 days agoUBS has set aside €900m (£760m) to help repay former Credit Suisse customers trapped in funds that were frozen after the collapse of Greensill Capital.
UBS Proposes Payout for Investors Slammed by Credit Suisse Greensill Funds
The Wall Street Journal· 6 days agoUBS said it would repay investors 90% of their remaining fund stakes, but that the payments won’t...
UBS Group (UBS) Plans Redemption on Funds Hit by Greensill
Zacks· 5 days agoFree Report) announced that Credit Suisse Supply Chain Finance Funds have made an offer to redeem fund units. The company will return 90% of the money invested ...
UBS sets aside $900 million to repay investors in collapsed Greensill funds By Reuters
Investing.com· 6 days agoZURICH (Reuters) -UBS will set aside around $900 million to repay investors in Credit Suisse funds...