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Finances

UK Treasury official sees no immediate concerns on UBS-Credit Suisse deal By Reuters

© Reuters. FILE PHOTO: British Chief Secretary to the Treasury John Glen, walks outside Number 10 Downing Street, in London, Britain February 7, 2023. REUTERS/Toby

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Japan banks’ holdings of Credit Suisse AT1 bonds small

© Reuters. FILE PHOTO: Japan Prime Minister Fumio Kishida meets with Ukraine’s President Volodymyr Zelenskiy, amid Russia’s attack on Ukraine, in Kyiv, Ukraine March 21,

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Credit Suisse could face disciplinary action, Swiss regulator says By Reuters

2/2 © Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen in front of a branch office in Bern, Switzerland November 29,

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

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

About a week after the Swiss regulators approved the acquisition of Credit Suisse by UBS, the Swiss Financial Market Supervisory Authority (FINMA) has provided information

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.
Finances

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.

ZURICH—The chairman of Switzerland’s largest bank received an urgent call last week. On the other end were three top Swiss officials who delivered an ultimatum