Tag: credit suisse shares

Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland.(REUTERS)
Posted in Business

UBS offers retention packages to Credit Suisse Asia team: Report

Reuters | | Posted by Singh Rahul Sunilkumar UBS promised retention packages to wealth-management staff in Asia at Credit Suisse, two people with knowledge of…

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Credit Suisse signage on the floor of the New York Stock Exchange (NYSE) in New York, US.(Bloomberg)
Posted in Business

Credit Suisse rescue sends relief, but First Republic shares slump continues

Shares of U.S. lender First Republic tumbled nearly 50% on Monday on fears it will need a second rescue to stay afloat, bucking a broader…

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British Prime Minister Rishi Sunak.(REUTERS)
Posted in Business

UK PM Sunak trusts UK Banking system safe despite Credit Suisse collapse

Prime Minister Rishi Sunak believes the UK’s banking system remains safe from contagion in the wake of the collapse of Swiss giant Credit Suisse. British…

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The front entrance of the headquarters of Swiss bank Credit Suisse in Zurich.(AFP)
Posted in Business

Credit Suisse overstated financial prospects to shareholders, charges lawsuit

Bloomberg | | Posted by Singh Rahul Sunilkumar Credit Suisse Group AG was hit with its first US investor lawsuit over the bank’s recent difficulties,…

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Credit Suisse crisis bigger worry for India than Silicon Valley Bank: Report
Posted in Business

Credit Suisse crisis bigger worry for India than Silicon Valley Bank: Report

Bloomberg | | Posted by Singh Rahul Sunilkumar The fate of European lender Credit Suisse Group AG is of greater importance to the Indian banking…

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