ADVERTISEMENT
Preview Mode
News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
Market News
by
What are you looking for?
What are you looking for?
Subscribe to our News & Services
All News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
About Us
Contact us
Terms of Use
Privacy
Market News
by
Subscribe to our News & Services
FM ALL News
FM Crypto
Follow us on Twitter
Follow us on Linkedin
FM Home
>
Credit suisse
Understanding Stock Splits: Everything You Need to Know
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
How to Buy Stocks: A Step-by-Step Guide
Education Center
FP Markets Wins Best Trading Conditions, Most Trusted Broker at
Thought Leadership
Understanding Stock Splits: Everything You Need to Know
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
How to Buy Stocks: A Step-by-Step Guide
Education Center
FP Markets Wins Best Trading Conditions, Most Trusted Broker at
Thought Leadership
ADVERTISEMENT
Credit Suisse
Search for a tag
Institutional FX
UBS Posts $29 Billion Q2 Profit Induced by Credit Suisse Takeover
UBS will absorb the domestic banking unit of Credit Suisse.
It is planning to save up to $10 billion by 2026.
Thursday, 31/08/2023 | 07:01 GMT
by
Arnab Shome
Retail FX
News Nuggets | 18 July: Binance and CS to Cut Staff; Big Banks Partner on FX Trading
IPC Partners with CryptoStruct, and StoneX Group Rebrands.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Tuesday, 18/07/2023 | 10:41 GMT
by
Finance Magnates Staff
Institutional FX
More Japanese Brokers Entangled in Credit Suisse’s AT1 Bond Fallout
Japanese investors lost about $1 billion after Credit Suisse's AT1 bond write-off.
SBI, Rakuten and Monex sold the debt instruments, Bloomberg reported.
Wednesday, 12/07/2023 | 15:21 GMT
by
Solomon Oladipupo
Institutional FX
Swiss Lawmakers’ Probe of Credit Suisse Crash to Kick Off This Week: Report
The lawmakers formally agreed to create an investigative commission in early June.
Credit Suisse was a troubled banking institution before its collapse in March.
Tuesday, 11/07/2023 | 15:07 GMT
by
Solomon Oladipupo
Executives
Credit Suisse’s Execs in Israel Move to Swiss Private Bank EFG: Report
The CEO of UBS recently warned about major job cuts at CS' investment banking division.
Meanwhile, some top Credit Suisse executives exited after the UBS takeover.
Tuesday, 27/06/2023 | 15:01 GMT
by
Solomon Oladipupo
Institutional FX
FINRA Slaps $900k Penalty on Credit Suisse's US Subsidiary
FINRA has sanctioned the US subsidiary of the Swiss giant.
Accusations included inaccurate trade reports.
Monday, 26/06/2023 | 08:54 GMT
by
Damian Chmiel
Institutional FX
UBS' CEO Suggests Massive Job Cuts Loom for Credit Suisse's Investment Banking Division
The decision is explained by the need to reduce costs.
However, UBS does not provide exact figures.
Monday, 19/06/2023 | 10:33 GMT
by
Damian Chmiel
ADVERTISEMENT
Retail FX
News Nuggets | 12 June: Nasdaq to Acquire Adenza; A16z's London Office
Opensee names new COO; UBS changes Credit Suisse leadership.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Monday, 12/06/2023 | 10:43 GMT
by
Finance Magnates Staff
Institutional FX
UBS Completes Credit Suisse Takeover
The complex takeover was completed in three months.
The merged group now has a balance sheet of $1.6 trillion and assets of $5 trillion.
Monday, 12/06/2023 | 07:29 GMT
by
Arnab Shome
FinTech
Switzerland Gives $10B Loss Guarantee to UBS for Credit Suisse Takeover
The guarantee covers a specific portfolio of Credit Suisse worth about CHF 44 Billion.
The Swiss government mediated UBS' emergency acquisition of Credit Suisse in March.
Friday, 09/06/2023 | 16:20 GMT
by
Solomon Oladipupo
Institutional FX
UBS Expects to Close Credit Suisse Merger by Next Monday
Credit Suisse shares and ADS will delist following the merger.
Credit Suisse shareholders will receive one UBS share for every 22.48 shares held.
Monday, 05/06/2023 | 06:49 GMT
by
Arnab Shome
Institutional FX
G20 Launches Inquiry into SVB and Credit Suisse amidst Global Banking Crisis
G20 to scrutinize SVB and Credit Suisse amidst the recent banking crisis.
In the meantime, HSBC renames SVB in the UK.
Thursday, 01/06/2023 | 10:52 GMT
by
Damian Chmiel
Institutional FX
Swiss Lawmakers Want to Cap UBS Assets Following Credit Suisse Takeover
Legislators say the huge amount of assets owned by UBS is a threat to the country.
The lender's assets doubled the size of Swiss GDP after the Credit Suisse acquisition.
Tuesday, 30/05/2023 | 14:29 GMT
by
Jared Kirui
FinTech
Switzerland Hastens Bank Liquidity Project after Credit Suisse Fiasco
The public liquidity backstop is targeted at systemically important Swiss banks.
Switzerland deployed emergency laws for liquidity to rescue Credit Suisse.
Thursday, 25/05/2023 | 17:24 GMT
by
Solomon Oladipupo
ADVERTISEMENT
Institutional FX
UBS' Q1 Profit Dips 52% due to an Increased Legal Provision
The bank sided $665 million for litigation fees.
Its wealth management unit added $28 billion in new funds.
Tuesday, 25/04/2023 | 08:54 GMT
by
Arnab Shome
Institutional FX
Credit Suisse Loses CHF 1.3 Billion in Q1 2023, Resigns From Klein Takeover
The controversial write-off of CHF 15 billion AT1 bonds resulted in a one-off profit.
However, the adjusted results showed a loss of CHF 1.3 billion.
Monday, 24/04/2023 | 06:23 GMT
by
Damian Chmiel
FinTech
US Senators: Credit Suisse Restricted Internal Probe into Nazi-Linked Accounts
Credit Suisse allegedly operated 99 undisclosed Nazi-linked accounts.
The 166-year-old Swiss lender said no evidence was found, according to Reuters.
Wednesday, 19/04/2023 | 16:18 GMT
by
Solomon Oladipupo
Retail FX
News Nuggets | 13 April: CySEC's Warning; New Features on Fortex's XForce
A new funding round of Altruist and Next Gate Tech; and a fraudulent crypto platform in Botswana.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Thursday, 13/04/2023 | 10:37 GMT
by
Finance Magnates Staff
Institutional FX
Swiss Lawmakers Reject CHF 109B Guarantee to Credit Suisse
The voting was symbolic as it could not overturn the state's decision.
Lawmakers are now questioning the country's emergency laws.
Wednesday, 12/04/2023 | 08:03 GMT
by
Arnab Shome
Institutional FX
UBS Slashes 36,000 Jobs Following Credit Suisse Takeover
UBS leads the layoffs in the finance and technology sector.
The massive job cuts started in October 2022.
Wednesday, 05/04/2023 | 08:28 GMT
by
Damian Chmiel
Op-ed
FinTech
Op-ed
The Fall of Credit Suisse Gives Wings to PSD2
The directive that regulates the field of electronic money institutions is the cornerstone of open banking licensing.
The collapse of Credit Suisse has similar indicators in the US to Silvergate and Silicon Valley Bank.
Tuesday, 04/04/2023 | 08:26 GMT
by
Ella Rosenberg
ADVERTISEMENT
Institutional FX
Swiss Prosecutors Probe UBS and Credit Suisse Merger
The federal prosecutors are concerned about any criminal breaches.
The Swiss government backed the acquisition.
Monday, 03/04/2023 | 06:59 GMT
by
Arnab Shome
Op-ed
Retail FX
Op-ed
Previous Restructuring May Minimise Impact of Credit Suisse Sale on FX Market
Traders Looking for Pointers on Euro Prospects Following UBS Acquisition.
Swiss Franc Expected to Retain Safe Haven Status.
Friday, 31/03/2023 | 13:23 GMT
by
Paul Golden
FinTech
US Report: Credit Suisse Aided Rich Clients’ Tax Evasion in Deal Breach
The Swiss bank paid $495 million as a settlement to the US regulator last year.
Rival UBS recalled the former CEO to oversee the Credit Suisse takeover.
Wednesday, 29/03/2023 | 20:22 GMT
by
Solomon Oladipupo
Executives
Ex-UBS CEO Is Back after 2 Years to Lead the Credit Suisse Takeover
Ermotti replaces Hamers and returns after a two-year break.
Hamers embraced the change and wanted to "serve the interests of the new combination."
Wednesday, 29/03/2023 | 06:46 GMT
by
Damian Chmiel
See more
Next
ADVERTISEMENT
ADVERTISEMENT
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}