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Appaloosa Sues Credit Suisse Over $17 Billion AT1 Bond Wipeout
Bloomberg· 3 days agoHedge fund Appaloosa LP became the latest to sue over the $17 billion wipeout of high-risk bonds...
Five waves of UBS layoffs to start in June, SonntagsZeitung says
Reuters via Yahoo Finance· 6 days agoVIENNA (Reuters) -Layoffs under Swiss banking giant UBS's cost-cutting programme announced after its...
UBS’s Swiss Rivals Hope Credit Suisse Hires Will Win Wealthy Clients
The Wall Street Journal· 4 days agoUBS Group’s smaller Swiss rivals have been on a hiring spree for former Credit Suisse employees,...
UBS faces new lawsuit by Appaloosa over Credit Suisse $17 bln bond wipeout
Reuters· 2 days agoA new lawsuit by U.S. hedge fund Appaloosa LP accuses the formerCredit Suisse of misleading...
UBS Group (UBS) to Cut Jobs for $10 Billion Cost Reduction
Zacks via Yahoo Finance· 4 days agoUBS Group (UBS) plans to cut jobs in five separate waves, starting June 2024, to save costs. The...
Credit Suisse Group (NYSE:CS) Coverage Initiated at StockNews.com
ETF DAILY NEWS· 4 days agoStockNews.com started coverage on shares of Credit Suisse Group (NYSE:CS – Free Report) in a research report released on Monday. The firm issued a hold ...
Switzerland says UBS may need more cash. The bank is fuming
KEYT 3 Santa Barbara· 2 days agoA year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as...
3 Credit Suisse Mutual Funds for Consistent Returns
Zacks via Yahoo Finance· 5 days agoCredit Suisse AG is an owned subsidiary of UBS Group AG, following its acquisition by the latter in June 2023. It was previously known as Credit ...
UBS Weighs Synthetic Risk Transfer Amid Capital Boost Proposals
Bloomberg via Yahoo Finance· 6 hours ago(Bloomberg) -- UBS Group AG is considering bringing a synthetic credit risk transfer to the market,...
Barclays hires Credit Suisse banker Pick as new EMEA M&A head
Reuters· 4 days ago, opens new tab named Stephen Pick of Credit Suisse as the new head of its mergers and acquisitions...