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
A former Credit Suisse Group AG client pleaded guilty to a tax evasion conspiracy in which she and family members concealed $90 million from the Internal Revenue Service through undeclared ...
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
In July of last year, he was introduced as the new CEO and President of the Schwyz-based bank. Now, he is already out. Written by Sarah Praetorius Pascal Schneider is the new head of business ...
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
A man walks past a branch of Signature Bank in New York City on March 13, 2023. After Signature Bank collapsed during the 2023 regional banking crisis, the Federal Deposit Insurance Corp. said it ...