The major Swiss bank is considering renaming its US investment banking to First Boston. That leads to speculation about a possible spin-off and sale. © Matthew Lloyd / Bloomberg In the course of the debate about the realignment of the investment bank, according to informed circles, Credit Suisse Group AG is considering reviving the First … Read more
Swiss National Bank Banks that have gotten into difficulties would already receive emergency liquidity from the Swiss National Bank. (Photo: Archyde.com) Zürich The Swiss government wants to facilitate the restructuring of systemically important banks with a state liquidity guarantee. In order to increase the confidence of market participants in the ability of an institution to … Read more
Credit Suisse in Zürich IAG stated that it was not liable because the group had sold its stake in the subsidiary. (Photo: Archyde.com) Sydney The major Swiss bank has joined Greensill Capital’s creditors and has filed a lawsuit in Australia against insurer Insurance Australia Group (IAG) for compensation. Credit Suisse filed two lawsuits against IAG … Read more
Swiss credit The major bank appoints a new Global Head of Distribution for its Asset Management division. (Photo: dpa) Zürich The major Swiss bank Credit Suisse is reorganizing its asset management business for professional investors. Colin Fitzgerald has been named global head of distribution for Credit Suisse Asset Management, a bank spokesman said on Tuesday. … Read more
economy Big Swiss bank Autocrats, criminals and human traffickers are said to have been clients of Credit Suisse Stand: 20.02.2022 | Reading time: 2 minutes Credit Suisse is said to have taken on criminal clients Which: REUTERS Extensive data research has unearthed worrying details about Bank Credit Suisse’s clientele. Various criminals are said to be … Read more
According to a law firm in the USA, the Swiss bank Credit Suisse has agreed to pay 81 million dollars after allegations of unfair collusion. In addition, the bank is committed to helping the plaintiffs in the proceedings against other financial institutions accused of the matter, said the law firm Cohen Milstein Sellers & Toll. … Read more