The action particularly targets clients with assets above $100m, who are deemed high-risk by the bank's internal assessments.

HSBC's Swiss private bank has launched a cull of more than 1,000 wealthy Middle Eastern clients, as it faces scrutiny from ...

HSBC Private Bank (Suisse) is reportedly in the process of ending relationships with more than 1,000 clients from the Middle ...

More than 1,000 clients from Saudi Arabia, Lebanon, Qatar and Egypt are among those being told they can no longer bank with ...

Credit Suisse Group AG has stopped accepting bonds of Gautam Adani’s group of companies as collateral for margin loans to its private banking clients, a sign that scrutiny of the Indian tycoon ...

The root of the problem, in Mr. Mavin’s view, is that Credit Suisse was a hybrid organization: a secretive, apparently staid Zurich-based private bank attached to a “high octane” global ...

Credit Suisse said it was able to retain two-thirds of those funds within its banking group. Analysts at private bank Vontobel had predicted inflows of 15 billion francs during the quarter.

Credit Suisse's chief executive will hit back at allegations the Swiss bank was a willing accomplice in U.S. tax evasion on Wednesday, blaming instead a small group of its private bankers for ...

Jefferies has hired about 20 investment professionals from the Credit Suisse Private Fund Group, which has traditionally focused on private-equity fundraising and placements, according to a person ...

LONDON (CBS.MW) -- Credit Suisse on Friday said it expects to report net income of approximately SFr1.8 billion ($1.39 billion) for the first quarter, with Credit Suisse Financial Services making ...

A former Credit Suisse chair used the bank's private jet to breach COVID restrictions. He once suggested a refueling stop in the Maldives, before deplaning to join his family on vacation, per the FT.