Credit Suisse
Credit Suisse is an investment bank and financial services company founded in Switzerland. As of 2022, the bank has over 50,000 employees and 3,500 relationship managers globally. It is reportedly known for its strict bank–client confidentiality and banking secrecy.
Ant Group outbids Citadel for Credit Suisse’s China investment bank venture: report
Ant Group outbids Citadel for Credit Suisse’s China investment bank venture: report
But this faces a “thorough review” because China favors a foreign buyers, sources said.
SMBC appoints ex-Credit Suisse China CEO as new APAC managing director
Carsten Stoehr will join SMBC on 19 February after 25 years in Credit Suisse.
Bank of Singapore names Credit Suisse HK chief exec as new GC private banking head
Rickie Chan was also Credit Suisse’s head of global wealth management for Greater China.
HSBC taps 8 ex-Credit Suisse bankers for equities business: report
Appointments were for Hong Kong, London, New York, and Mumbai.
Credit Suisse to pay $1.013b to Georgian billionaire Bidzina Ivanishvili: SG court
The found that Credit Suisse failed to secure trust assets of Ivanishvili.
UBS, Credit Suisse SG operations "uninterrupted" post-acquisition: MAS
Both banks will operate on separate licences in Singapore.
UBS to finalise Credit Suisse acquisition by 12 June
After the acquisition, Credit Suisse and American Depositary Shares will be removed from SIX and NYSE.
Weekly Global News Wrap: Grupo Mexico closing in on $7b Citi Banamex deal; Bank of America opens Luxembourg branch
And Credit Suisse CEO to join UBS board once deal is completed.
UBS appoints new CFO following Credit Suisse’s takeover
Todd Tuckner will take on the CFO post at the close of the acquisition.
Weekly Global News Wrap: UBS to retain only few Credit Suisse senior bankers; open banking to increase liquidity risk
And the UK must make it easier for banking staff to work remotely, says industry body.
Weekly Global News Wrap: Credit Suisse chairman apologises to shareholders; EU banks must be “conservative” with dividends, payouts
And JPMorgan Chase & Co CEO Jamie Dimon said banking crisis not yet over.
Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud
And a top US regulator said Silicon Valley Bank did a terrible job of managing risk.
Credit Suisse’s AT1 debt write down to raise market prices for new issuances
This could hamper issuance of new AT1 in the future.
Weekly Global News Wrap: Credit Suisse’s $17.2b of bonds written down to none; Credit Suisse says clients may want to move assets after merger
And Hong Kong pushes to become a virtual asset hub.
UBS’ takeover of Credit Suisse ‘insignificant’ to HK’s banking sector: HKMA
The total assets of Credit Suisse’s HK branch represent less than 0.5% of the local banking sector's.
No interruptions in Credit Suisse operations in Singapore: MAS
MAS said UBS’ takeover of Credit Suisse will not impact SG’s banking system.
UBS buys Credit Suisse in “emergency rescue”
The $3.2b acquisition has the full support of Swiss financial regulators, UBS said.
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