Bad loans to regime cronies brought down Ayandeh Bank, accelerating a long-running financial crisis.
UBS CEO Sergio Ermotti, who oversaw the Swiss bank's emergency takeover of Credit Suisse, is set to step down by the middle ...
UBS CEO Sergio Ermotti, who oversaw the Swiss bank's emergency takeover of former rival Credit Suisse, plans to step down in ...
“Forest over trees” is not a slogan here, it is a diagnosis. In early 2025, portfolios were built around what felt like the ...
A compliance officer is facing charges for laundering $7 million in a complex legal case in Switzerland. Swiss prosecutors have charged Credit Suisse, and one of its former employees, with failing to ...
First Republic Bank collapsed! Understand the implications for you, JP Morgan Chase, the economy, and what this means for interest rates, bank failures and the banking sector. GOP lawmakers join ...
Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. Add AP News on Google Add AP News as your ...
Switzerland’s attorney general filed criminal charges against UBS UBS1.71%increase; green up pointing triangle and a former Credit Suisse compliance officer, saying they failed to take steps to ...
The Swiss federal prosecutor's office said it charged Credit Suisse and its current owner UBS Group in a case related to Mozambique's so-called tuna bonds scandal, citing what it called shortcomings ...
To understand the significance of this decision, one must first recall the architecture of AT1 bonds. These hybrid securities, introduced in the wake of the 2008 financial crisis as part of Basel III ...
When Credit Suisse faced liquidity issues in March 2023, the Swiss government invoked its emergency powers in order to rescue it. As part of the rescue, which included the acquisition of Credit Suisse ...