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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 ...
UBS completed its emergency takeover of embattled rival Credit Suisse in June, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet and a workforce of 120,000.
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 ...
UBS agreed in March to buy Credit Suisse for $3.4 billion in stock and to assume up to 5 billion francs in losses that would stem from winding down part of the business, in a shotgun merger ...
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 ...
A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health before $17 billion of its bonds were written down to zero in a government ...
Credit Suisse investors also have sued the country's financial regulators after about 16 billion Swiss francs ($17.7 billion) in higher-risk bonds were wiped out.
Credit Suisse had already been trimming its headcount before its troubles forced Swiss regulators to take action. Clients of the Swiss bank had pulled out $69 billion in the first quarter.
Credit Suisse executive board members will report to both their relevant UBS executive board member and Körner. It is unclear whether he will stay on after the integration is completed.
Stand-off in a country with long history of poll violence fuels concern over future of star west African economy ...
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