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HSBC has been fined HK$4.2 million ($537,683) by Hong Kong regulators over disclosure failures, the regulators said on ...
HSBC was fined $537,683 by regulators in Hong Kong for disclosure lapses after an investigation by Hong Kong regulators.
Dario Item plays a key role in a $17B Credit Suisse bond case that could reshape global investment laws. A landmark $17 billion Credit Suisse bond lawsuit is drawing global attention, with Dario Item ...
The current pace of job cuts means UBS is set to miss the internal target of reducing its full-time headcount to 85,000 by the end of 2026, when it is set to complete the integration of its former ...
The takeover of Credit Suisse by UBS Group AG has triggered a shift in the Swiss credit market, driving demand to ...
Back in 2014 Credit Suisse was fined $2.6 billion by the New York financial regulator and the US government, after it came to light that they had been assisting US clients in tax evasion.
Credit Suisse said Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first quarter and that outflows were continuing, underscoring the challenge faced by UBS Group ...
But Credit Suisse has seen its shares fall by 84% over the past two years, with UBS instead seeing its stock soar by 15%. As Switzerland’s second biggest bank, Credit Suisse employed more than ...
Credit Suisse saw its outflows accelerate to $69 billion last quarter, which culminated in its government-brokered takeover. That's more than UBS's $63 billion market cap.
MARK WILLIAMS: Well, Credit Suisse was, 15 years ago, an incredibly strong and vibrant bank. And just over the last decade and a half, it's just made continual bad strategic decisions.
Credit Suisse announced it had been acquired by UBS for $3.2 billion, saying that the two banks "concluded that it would be in the best interest of their shareholders and their stakeholders to ...