(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 ...

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 ...

But the exact reasons for Credit Suisse’s collapse are still open to debate. Aside from the rampant corruption and repeated scandals — from 2010 onward, “the bank paid fines of more than $15 billion ...

One of the better bank-loan funds. Our research team assigns Bronze ratings to strategies they’re confident will outperform a relevant index, or most peers, over a market cycle on a risk ...

Our research team assigns Neutral ratings to strategies they’re not confident will outperform a relevant index, or most peers, over a market cycle on ... which Credit Suisse acquired in 2000.

March 27, 2023, Opinion: "Credit Suisse ... this collapse quickly unfolded raises serious questions about the regulatory actions preceding it and the future of banking regulation. On the afternoon of ...

The Federal Reserve Bank of Atlanta estimates that the first ... The NBER's Business Cycle Committee is the authority on whether the US is in a recession. The NBER is a private, nonpartisan ...

The last major cooperative bank collapse under RBI’s watch was Punjab and Maharashtra ... While such a hike is feasible, it would mean that the Deposit Insurance and Credit Guarantee Corporation ...

UBS Group AG’s auditor Ernst & Young expressed an “adverse opinion” on internal controls over financial reporting related to ...

The banking group begins the migration of former Credit Suisse client accounts in Switzerland to the UBS platform in the ...

UBS is integrating thousands of Credit Suisse paintings, sculptures, posters and model ships. ‘There’s still art that will be found somewhere, in a closet in Shanghai or something.’ ...

In its previous reports, seen by Reuters, the central bank did cite oil prices as one of the risks for the Russian economy but has never been that specific on how a prolonged low oil price cycle ...