Suisse
Australia to phase out AT1 bonds for bank capital after Credit Suisse wipeout
AUSTRALIA’S banking regulator has proposed lenders phase out the use of additional tier 1 (AT1) bonds – the kind of securities that were wiped out after Credit Suisse Group’s...
UBS appoints former Credit Suisse executive as new China head
UBS has appointed former Credit Suisse executive Janice Hu to replace Eugene Qian as head of its business in China, the Swiss bank said on Thursday (Aug 29).Qian has...
UBS puts 1.88 billion francs Credit Suisse real estate fund into liquidation
UBS has put a real estate fund of its former competitor Credit Suisse worth over US$2 billion into an “orderly liquidation” as at Thursday (Aug 15), the Swiss bank...
Ex-Mozambique minister guilty of fraud tied to Credit Suisse
MOZAMBIQUE’S former finance minister Manuel Chang was convicted of US charges that he was part of a US$2 billion bond fraud scandal that ensnared Credit Suisse Group AG and...
UBS enters debt swap market that was pioneered by Credit Suisse
UBS Group is working on its first-ever ESG debt swap, building on expertise it inherited from Credit Suisse after taking over the bank last year. UBS will form part...
UBS completes merger of Swiss business with Credit Suisse
UBS has already begun to move over clients from Credit Suisse in Hong Kong and SingaporeSwiss bank UBS has completed the merger of its domestic unit with Credit Suisse’s...
Foreign banks target Switzerland after UBS takeover of Credit Suisse
AS CREDIT Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of companies’ desire to spread their business.
France’s...
Swiss financial regulations not yet tough enough post-Credit Suisse, central bank says
SWITZERLAND’S financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank (SNB) said on Thursday (Jun 20), pressing for more to be...
