Credit Suisse News
Credit Suisse is a financial company, providing services such as retail banking, wealth management, investment banking, etc. with headquarters in Switzerland. Post financial crisis, Credit Suisse was at the centre of many investigations for alleged fraud and tax evasion. In March 2023, Credit Suisse's largest investor Saudi National Bank could not provide any more financial assitance. Eventually, Credit Suisse was acquired by UBS. Get the latest Credit Suisse news, videos and headlines here.
UBS poised for fresh job cuts? Report flags 10,000 layoffs by 2027 in next phase of restructuring
UBS may cut 10,000 jobs by 2027, a report said. A reduction of 10,000 positions would amount to a roughly 9% cut in Swiss bank's workforce, which stood at around 110,000 employees at the end of 2024.
1 min read7 Dec 2025Whistleblowers who defied Credit Suisse are about to share up to $150 million
The former employees set to strike it rich for telling U.S. authorities Credit Suisse wasn’t living up to its promise to block tax evasion.
4 min read8 May 2025UBS braces for most complex phase of Credit Suisse integration
The banking group begins the migration of former Credit Suisse client accounts in Switzerland to the UBS platform in the second quarter.
2 min read17 Mar 2025Nazi ties to Credit Suisse ran deeper than was known, hidden files reveal
Fresh look at archives unearthed Nazi-linked accounts discovered by bank in 1990s but never disclosed to investigators.
5 min read4 Jan 2025What Switzerland should have done to save Credit Suisse
The Swiss regulator investigated Credit Suisse over and over again, but never took adequate action, according to a parliamentary commission.
3 min read20 Dec 2024UBS Weighs Credit Suisse China Stake Swap With Beijing Government
UBS Group AG is in discussions to attain full ownership of its China platform by swapping its holding in Credit Suisse’s onshore securities venture with a Beijing government investment fund, according to people familiar with the matter.
3 min read9 Apr 2024A Year After Credit Suisse’s Fall, UBS’s Path Is Lined With Temptation
UBS wants to use the Credit Suisse acquisition to expand its investment banking operations in the U.S. Above all, though, it needs to retain the focus on wealth management that is beloved by investors.
2 min read19 Mar 2024Credit Suisse crisis: UBS Chairman points at failure of board, management, shareholders
UBS Chairman, Colm Kelleher pointed fingers at Credit Suisse's board, management, and shareholders for the bank's downfall. However, he anticipates a higher return on equity for UBS once the Credit Suisse integration is complete.
2 min read17 Jan 2024How did Credit Suisse collapse amid nationalisation plans by injecting $57.6 billion?
How Swiss authorities bungled Credit Suisse oversight while trying to nationalise it.
10 min read19 Dec 2023Behind Credit Suisse’s Fall: A Chairman’s Lasting Mark on the Culture
Insiders and investors say the bank’s board, headed by Urs Rohner, was ultimately responsible for its fate.
9 min read25 Nov 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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