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Apr 13, 20232 min read
Swiss parliament rejects government's aid for Credit Suisse-UBS merger
Switzerland's parliament has rejected the government's proposed 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger...
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Apr 4, 20232 min read
Credit Suisse Chairman apologizes for failure to prevent crisis and closure
Credit Suisse, one of the oldest and largest Swiss banks, has been in the news for all the wrong reasons in recent years. It has been...
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Mar 25, 20232 min read
Deutsche Bank Shares Plunge Amid Global Financial System Fears
Shares in Deutsche Bank and other major European banks fell sharply on Friday, as fears about the global financial system sent shudders...
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Mar 20, 20232 min read
UBS Acquires Credit Suisse for estimated $ 3.25 billion, Job Cuts Expected to be Significant
In a move that has been long-rumored and highly anticipated, UBS Group AG has announced its acquisition of Credit Suisse Group AG in a...
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Mar 19, 20232 min read
TRON Founder Justin Sun Proposes $1.5 Billion Acquisition of Credit Suisse
TRON founder Justin Sun has proposed a bold vision for the future of finance in Switzerland, with a tweet proposing an offer of $1.5...
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Mar 19, 20232 min read
Swiss Banking Shake-Up: Credit Suisse and UBS in Talks for Major Merger Amid Insolvency Fears
Swiss banking giant Credit Suisse is reportedly facing an impending crisis that could lead to insolvency if not dealt with promptly. In...
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Mar 17, 20233 min read
Stocks Fall on Wall Street as Banking Industry Woes Worsen Amid Fear of Recession
The recent turmoil in the banking industry has sparked concerns about a potential recession and has led to a significant drop in the...
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Mar 16, 20232 min read
Robert Kiyosaki predicts Credit Suisse as the next bank to collapse amid SVB and Signature Bank fail
Swiss investment bank Credit Suisse is under the spotlight as American entrepreneur and author Robert Kiyosaki predicts that it will be...
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Mar 15, 20232 min read
Credit Suisse's stock hits new all-time low for second day as SNB withdraws further help
Credit Suisse shares plunged to a fresh all-time low for the second consecutive day on Wednesday, as a top investor in the Swiss bank...
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Mar 14, 20232 min read
Credit Suisse reports "material weaknesses" in internal controls over financial reporting and custom
Credit Suisse, one of Switzerland's largest banks, has identified "material weaknesses" in its internal controls over financial...
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Mar 13, 20232 min read
Credit Suisse's default insurance cost surges to record high as SVB collapse raises contagion fears
The collapse of Silicon Valley Bank has sent shockwaves through the banking industry, with Credit Suisse Group AG among those affected....
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