Credit
UBS plans next round of layoffs in Credit Suisse integration
UBS Group is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit Suisse, according to sources with knowledge of the...
Private credit interest may turn out to be a tailwind for Tikehau Capital
SEVEN years after its listing on the Euronext Paris in 2017, Tikehau Capital may finally be finding its moment.The investment group, founded by former bankers Antoine Flamarion and Mathieu...
Global credit outlook for 2024 worsens, new survey finds
PORTFOLIO and asset managers at some of the largest financial institutions hold a negative outlook on global credit conditions, according to a survey by the International Association of Credit...
UBS faces tougher rules in Swiss response to Credit Suisse rescue
SWITZERLAND’S UBS and three other systemically relevant banks must face tougher capital requirements, the Swiss government said on Wednesday (Apr 10), in an effort to shield the country from...
Hong Kong considers changing tax rules to lure private credit business
HONG KONG’S government is considering new tax rules that would give more favorable treatment to popular alternative investments including private credit and infrastructure, according to people familiar with the...
Further opportunities for banks in lending space amid stricter capital requirements, private credit growth
WHILE banks around the world are cutting back on private corporate lending amid stricter capital requirements and the growth of private credit, market watchers expect that the lenders can...
UBS weighs Credit Suisse China stake swap with Beijing government
UBS Group 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,...
Singapore court’s verdict was wrong; Credit Suisse unit did ‘incompetent best’ for client: lawyer
A LAWYER for a Credit Suisse trust seeking to overturn the US$743 million in damages the bank owes to Georgian billionaire Bidzina Ivanishvili said the staff responsible did their...
