CREDIT SUISSE

The Bank took a major hit from the US-based hedge fund scandal during the first three months of 2021.

The bank is expecting a pre-tax loss of approximately $960 million in Q1 of 2021.

The financial firms have warned about heavy losses from an unnamed US client.

The bank denied all allegations brought by the EU antitrust regulator.

The Bank reported net revenues of CHF 5.2 billion in Q4 of 2020, which is down 16% compared to ...

Butterfield Group announced on Tuesday that it has appointed two new executives in key roles to its Trust Team.

The London Stock Exchange announced two new appointments naming Balbir Bakshi and Julia Hoggett to key positions.

New management teams took over both the banks recently.

The bank was held accountable for breaches in preventing electronic trading anomalies.

The company was previously fined by multiple US regulators for similar violations.

The banks reportedly approached the Swiss regulator as well to discuss the deal.

The Swiss lender will target young customers with its new banking platform.

He is bringing over 25 years of experience to the bank.

The allegations toppled the top leadership of the bank earlier this year.

The bank earlier considered dividing its European investment banking operations into two cities.

The bank is expected to officially announce the merger tomorrow.

The appointments have been made as part of its China onshore strategy.

Credit Suisse will pay the penalty to comply with MDP infringement notice.

Yuen’s appointment will be effective from the 1st of July 2020.

The firms are connected via the SIX platform "b.Link" and can now offer SMEs additional payment transaction applications

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