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Samsung to cut chip production after 14-year low profit By Reuters
Stock Market

Swiss parliament holds emergency session on Credit Suisse rescue By Reuters

© Reuters. FILE PHOTO: A view shows the logo of Credit Suisse on a building near the Hallenstadion where Credit Suisse Annual General Meeting took

First Citizens said to be near deal for Silicon Valley Bank -Bloomberg News By Reuters
Stock Market

Credit Suisse job cuts must be frozen, Swiss Bank Employees’ Association says By Reuters

© Reuters. FILE PHOTO: A view shows the logo of Credit Suisse on a building near the Hallenstadion where Credit Suisse Annual General Meeting took

Berkshire Hathaway stake in Occidental Petroleum rises to 23.6% By Reuters
Stock Market

Swiss finance minister sees no ‘stumbling blocks’ to UBS takeover of Credit Suisse By Reuters

2/2 © Reuters. FILE PHOTO: Federal Councillor and chief of the finance federal department Karin Keller-Sutter attends a news conference on Credit Suisse after UBS

FINMA provides info about write-down of Credit Suisse AT1 capital instruments
Finances

Swiss authorities order cuts to remuneration of Credit Suisse top management

The Swiss Federal Council has instructed the Federal Department of Finance (FDF) to cancel, or reduce by 50% or 25%, all outstanding variable remuneration for

Berkshire Hathaway stake in Occidental Petroleum rises to 23.6% By Reuters
Stock Market

UBS tells investors shotgun Credit Suisse takeover a ‘major challenge’ By Reuters

© Reuters. FILE PHOTO: Buildings of Swiss banks UBS and Credit Suisse are seen on the Paradeplatz in Zurich, Switzerland, March 20, 2023. REUTERS/Denis Balibouse/File

Swiss regulator calls for more power after Credit Suisse debacle By Reuters
Stock Market

Swiss regulator calls for more power after Credit Suisse debacle By Reuters

© Reuters. FILE PHOTO: Chair of the Board of Swiss Financial Market Supervisory Authority (FINMA), Marlene Amstad attends a news conference on Credit Suisse after

After Credit Suisse, Chinese Banks Aren’t a Great Safe Harbor
Finances

After Credit Suisse, Chinese Banks Aren’t a Great Safe Harbor

Markets Heard on the Street Shares of Chinese lenders are cheap for good reason Source link

Credit Suisse Chairman: 'I Am Truly Sorry'
Finances

Credit Suisse Chairman: 'I Am Truly Sorry'

Shareholders at the bank’s final annual meeting expressed their anger toward management and the board for failing to save the storied institution. Source link

Johnnie Walker maker Diageo names Crew as new CEO By Reuters
Stock Market

Credit Suisse faces anger at final shareholder meeting By Reuters

© Reuters. FILE PHOTO: The logo of Credit Suisse bank is seen outside its office building in Hong Kong, China March 20, 2023. REUTERS/Tyrone Siu/File

European stocks higher; UBS rises as confidence returns
Stock Market

UBS shares dip amid reports of job cuts, Credit Suisse deal probe By Investing.com

© Reuters. By Scott Kanowsky  Investing.com — Shares in UBS Group AG (SIX:) edged lower on Monday after a media report said the Swiss banking giant