Secret meetings, mistrust among officials and attempts to downplay the gravity of Credit Suisse's problems hamstrung Switzerland in the run-up to the bank's collapse in 2023, an inquiry by lawmakers…
UBS Group AG will liquidate a flagship real estate fund in the latest sign of the turmoil caused by investors pulling money out of slumping commercial real estate markets. The…
Switzerland's financial markets authority said Thursday that an in-depth review of more than 30 banks conducted this spring found that "a large number" failed to meet basic requirements for analysing…
UBS is considering delaying its quarterly results at least until the end of August, as the Swiss banking giant deals with complexities over its takeover of Credit Suisse, the Financial…
UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG in a deal it did not want, as a global bank crisis worsened the latter's finances and…
The collapse of 3 major banks in the US within a span of 2 months indicates that the crisis in the financial sector is deeper than one probably imagined. Valuation…
Switzerland's Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group, the office of the attorney general said on Sunday.The prosecutor, based in the…
Incoming UBS Chief Executive Sergio Ermotti has sought to ease worries about the size of the new bank being created by its takeover of Credit Suisse.Critics have voiced concern about…
Regulators are singling out a trade on Deutsche Bank AG's credit default swaps that they suspect fuelled a global selloff on Friday.It was a roughly ₹5 million ($5.4 million) bet…
DUBAI: The chairman of top Credit Suisse shareholder Saudi National Bank (SNB) has stepped down less than two weeks after making comments blamed for contributing to the Swiss lender's demise.Ammar…