Tuesday Nov 5, 2024
Tuesday Nov 5, 2024

Credit Suisse

UBS shares plunge after takeover announcement

Mar 20, 2023
Shares of Credit Suisse plunged 63% in early trading Monday after the announcement that banking giant UBS.

Swiss authority to probe Credit Suisse over trading losses

Apr 22, 2021
Switzerland’s financial markets authority said on Thursday it is looking into possible penalties against Credit Suisse after the top-drawer bank announced 'significant losses' linked to a US-based hedge fund.

World shares advance, US bond yields press higher

Mar 30, 2021
Global shares were mostly higher on Tuesday as investors focused on causes for optimism despite a weak close on Wall Street.

Global banks warn of possible losses from hedge fund default

Mar 29, 2021
Swiss bank Credit Suisse said Monday it may have suffered a 'highly significant' loss from a default by a US-based hedge fund on margin calls that it and other banks made last week.
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