How UBS can soften or swerve $25 bln capital blow
When UBS Chair Colm Kelleher was negotiating the weekend rescue of Credit Suisse in March 2023, the arcane regulatory ...
Don’t Punish UBS for Doing the Right Thing
When UBS Group AG acquired Credit Suisse in March 2023, its board of directors thought they were doing their duty. They'd ...
Swissinfo15d
Credit Suisse turned down takeover bids one year before collapse
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 ...
Bloomberg L.P.20d
Ex-Credit Suisse Client Pleads to Hiding $90 Million From US
evade taxes and fail to file foreign bank account reports, also known as FBARs. Her family held about 15 accounts at Credit Suisse — now owned by UBS Group AG — between 1979 and 2013 ...
Yahoo Finance21d
Banks 'learned a lesson' from Silicon Valley Bank collapse
Two years have passed since the collapse of Silicon Valley Bank, which shook the regional banking sector. The financial sector (XLF) recently saw its worst session since the crisis, raising ...
finews21d
Former Credit Suisse Executive Already Out at Tellco Bank
Prior to joining EPIC, Schneider was the CEO and chairman of Tellco, a Schwyz bank specialised in private pensions. Schneider spent the previous decade at Credit Suisse in Zurich and Singapore. From ...
Law24d
Who Owns Silicon Valley Bank Brand After Collapse? Keker Suit Aims to Find Out
A federal lawsuit in California is challenging First Citizens Bank & Trust over its claim to the Silicon Valley Bank brand following the former tech-friendly institution's collapse and government ...
OPB27d
The FDIC's goal is to prevent another banking crisis. It's now also a Trump target
After Signature Bank collapsed during the 2023 regional banking crisis, the Federal Deposit Insurance Corp. said it didn't have enough qualified examiners to catch the problems that had led to the ...