Credit

The Swiss claim the U.S. banking crisis ultimately toppled Credit Suisse. But are they right?

Swiss authorities placed a heavy emphasis on the role of U.S. regional banking collapses in pushing Credit Suisse to the brink. read more

Ailing Credit Suisse and its new owner UBS 'are among banks facing US probe over claims their staff helped Russian oligarchs evade sanctions'

The requests were sent by the US government before the crisis which resulted in UBS launching a $3.2 billion takeover of Credit Suisse at the urging of Swiss regulators last weekend. read more

Live news: StanChart CEO says Credit Suisse AT1 wipeout has ‘profound’ implications

Tui said the outstanding €750mn from Berlin’s economic stabilisation fund would be repaid in full, while the company’s credit line would fall from €2.1bn to €1.1bn. Share $Tui tackles debt pile with ... read more

UBS offers sweeteners to Credit Suisse Asia wealth bankers to retain talent -sources

UBS has promised retention packages to wealth management staff in Asia at Credit Suisse , two people with knowledge of the matter said, as the Swiss bank tries to stem a talent exodus after the ... read more

This Tax Credit Is Extremely Complicated -- but It's Still Worth Claiming

It's also a necessary one. Without it, a lot of people would not be able to hold down a job. The good news is that the IRS allows p ... read more

Credit Suisse, UBS Among Banks Facing DOJ Russia-Sanctions Probe

Credit Suisse Group AG and UBS Group AG are among the banks under scrutiny in a US Justice Department probe into whether financial professionals helped Russian oligarchs evade sanctions, according to ... read more

StanChart CEO says Credit Suisse bond wipeout had profound impact

Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse's $17 billion Additional Tier 1 bonds wipeout had "profound" implications for global bank regulations. Winters was speaking ... read more

S&P Global fined 1.1 million euros for premature credit rating publications

The European Union's securities watchdog has fined S&P Global Ratings 1.1 million euros ($1.19 million) for publishing a number of credit scores before the relevant securities had been issued. The ... read more

The Collapse of Credit Suisse: A Cautionary Tale of Resistance to Hybrid Work

This cautionary tale serves as a reminder for business leaders to adapt to the changing world of work and prioritize their workforce's needs and preferences. read more

ASX closes lower after Afterpay owner Block sheds 18pc in Friday trade, Swiss National Bank says Credit Suisse crisis 'put to a halt'

The ASX finished trading lower on Friday, with Afterpay owner Block Inc dropping 18 per cent in the wake of a scathing report by short-seller Hindenburg that alleged the company "misled" investors. read more