Tag: credit suisse shares
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…
Posted in Business
Credit Suisse rescue sends relief, but First Republic shares slump continues
March 21, 2023 Leave a Comment on 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…
Posted in Business
UK PM Sunak trusts UK Banking system safe despite Credit Suisse collapse
March 20, 2023 Leave a Comment on 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…
Posted in Business
Credit Suisse overstated financial prospects to shareholders, charges lawsuit
March 17, 2023 Leave a Comment on 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,…
Posted in Business
Credit Suisse crisis bigger worry for India than Silicon Valley Bank: Report
March 16, 2023 Leave a Comment on 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…