Switzerland's financial regulator was ineffective in tackling the scandals at Credit Suisse, where executive mismanagement scuppered the bank and nearly triggered a global financial crisis, a ...

(MENAFN- Swissinfo) The management of Credit Suisse turned down takeover bids about a year before the bank collapsed. The bids were for the investment side of the bank, claims one of the people ...

For some, Credit Suisse’s management and ex-chairman Axel Lehmann are solely to blame for the collapse. For others, Switzerland’s Financial Market Supervisory Authority (FINMA), led by ...

Not so long ago, Credit Suisse predicted that AMC shares would reach less than a dollar per share. However, the tables have turned. Here's what you need to know. Swiss bank Credit Suisse collapsed ...

Credit Suisse had a significant presence in Africa until its recent exit from what it considered "non-core wealth management" markets. Some factors that informed this decision included the bank's ...

Two of Switzerland's largest banks and their regulators are thrashing out a merger deal that could be fast-tracked by Switzerland, the Financial Times reported. The Swiss National Bank and Swiss ...

(Reuters) -Bank of America has doubled the size of its banking team in Switzerland, its CEO said, seizing on a potential opportunity to gain market share amid a shakeup in the Swiss banking market ...

Diamond met Axel Lehmann, then chair of the Credit Suisse board of directors, in May 2022 at the bank’s head office. The proposal was to take over the entire investment banking business of ...

After 167 years, Credit Suisse's dominance in the financial industry ended in March 2023. The bank's investment division, Credit Suisse First Boston (CSFB), was a big player in the initial public ...