Suisse
St James’s Place hires former Credit Suisse banker as CFO
ST James’s Place has named Caroline Waddington, an ex-Credit Suisse banker, as its new chief financial officer. She will join the UK’s largest wealth manager in the second half of...
UBS seeks expansion in corner of ESG targeted by Credit Suisse
UBS Group just held its first-ever conference dedicated to the ESG theme of biodiversity, signalling its ambitions to grow in a business area that Credit Suisse had targeted for...
UBS completes merger of UBS and Credit Suisse parent companies
SWISS bank UBS said on Friday (May 31) it had completed the merger of the main parent companies of the Swiss lender and its longtime rival Credit Suisse, which...
Drew & Napier engages litigation funder Omni Bridgeway for suit on Credit Suisse AT1 write-down
LAW firm Drew & Napier has engaged litigation financing company, Omni Bridgeway, to fund its claims against Switzerland related to the forced write-down of Additional Tier-1 (AT1) bonds in...
UBS reports first profit since taking over Credit Suisse
UBS reported a net income of US$1.8 billion for January to March, its first quarterly profit since it took over fallen rival Credit Suisse.The net income attributable to shareholders...
Credit Suisse China securities joint venture says staff down 46% in 2023
CREDIT Suisse’s securities brokerage joint venture in China said its staff numbers sank 46 per cent in 2023, a year the Swiss authorities arranged a takeover to keep the...
Credit Suisse faces 50 billion won South Korea short-sale fine
CREDIT Suisse reportedly faces 50 billion won (S$49.4 million) in penalties over illegal short selling in South Korea, where authorities are due to give an update on their broader...
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...
