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Appaloosa Sues Credit Suisse Over $17 Billion AT1 Bond Wipeout
Bloomberg· 19 hours agoHedge fund Appaloosa LP became the latest to sue over the $17 billion wipeout of high-risk bonds...
UBS’s Swiss Rivals Hope Credit Suisse Hires Will Win Wealthy Clients
The Wall Street Journal· 2 days agoUBS Group’s smaller Swiss rivals have been on a hiring spree for former Credit Suisse employees,...
UBS flags 'serious' concern about new Swiss capital requirements By Reuters
Investing.com· 10 hours agoThe government laid out plans two weeks ago for how to police banks deemed "too big to fail" to...
Credit Suisse Group (NYSE:CS) Coverage Initiated at StockNews.com
ETF DAILY NEWS· 2 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 ...
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund By Reuters
Investing.com· 1 day agoThe vote from the Norwegian fund, UBS' second-largest shareholder, at the bank's annual general...
UBS chair says Swiss banking giant is not 'too big to fail'
CNBC· 10 hours agoUBS Group Chairman Colm Kelleher on Wednesday said that the Swiss bank is "not too big to fail," as...
UBS CEO Ermotti Deserves His $16 Million Pay, Kelleher Says
Bloomberg· 9 hours agoHave a confidential tip for our reporters? UBS Group AG Chief Executive Officer Sergio Ermotti’s...
3 Credit Suisse Mutual Funds for Consistent Returns
Zacks via Yahoo Finance· 2 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 Plans Five Waves of Layoffs From June to November — Financial News
Morningstar· 2 days agoUBS Group will roll out five waves of job cuts starting in June as it pushes through its takeover of Credit Suisse, which is expected to lead to thousands ...
UBS Capital Hike Will Fall Short, Experts Warn — Financial News
Morningstar· 10 hours agoOn April 10, the Swiss government outlined a package to safeguard what is now the pivotal asset in its banking system after UBS rescued ailing rival Credit Suisse ...