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Executive Moves

Dieter Enkelmann Steps Down as Julius Baer CFO as Evie Kostakis Steps Up

  • Enkelmann plans to move on to other non-executive posts outside the bank.
  • Kostakis will succeed Enkelmann as CFO and Member of the group and bank’s Executive Board.
Wednesday, 22/12/2021 | 14:13 GMT by Tom Hazan
Executive Moves

Credit Suisse Appoints Dierk Von Schuckmann as CFO Asset Management

  • The executive worked for over 10 years at UBS, recently in the Asset Management unit.
Wednesday, 27/10/2021 | 18:07 GMT by Felipe Erazo
Institutional FX

Credit Suisse Spied on 7 Executives: FINMA

  • The bank earlier admitted surveillance on two former executives.
Wednesday, 20/10/2021 | 08:45 GMT by Arnab Shome
Regulation

Regulators Take Actions against Credit Suisse on Mozambique Loan Case

  • The UK FCA imposed a $200 millionaire fine as a result of the findings.
Tuesday, 19/10/2021 | 21:51 GMT by Felipe Erazo
Executive Moves

Credit Suisse Appoints Christian Deiss as Head of M&A in the APAC Region

  • The Swiss firm has made additional executive moves in the Southeast Asia region.
Thursday, 16/09/2021 | 18:12 GMT by Felipe Erazo
Executive Moves

TORA Secures Peter Rank and Chris Hopton as It Expands to London

  • Rank will report to David Tattan, Head of Sales for Europe, while Hopton joins the global team of professional service managers.
Thursday, 09/09/2021 | 13:14 GMT by Tom Hazan
Institutional FX

Credit Suisse Asks US-Based Unvaccinated Employees to Work from Home

  • The measure comes in response to the high spreading rate of the Delta coronavirus variant across the U.S.
Wednesday, 25/08/2021 | 20:03 GMT by Felipe Erazo
Executive Moves

Seba Bank Has Recruited Sam Lin as Its Chief Executive Officer in Asia

  • Lin brings a great deal of experience in investment banking to his new role at SEBA Bank Asia.
Wednesday, 28/07/2021 | 09:03 GMT by Tom Hazan
Institutional FX

Credit Suisse Reportedly Restructuring into a Single Private Bank

  • The bank’s losses mounted with its involvement with Archegos and Greensill.
Wednesday, 30/06/2021 | 08:33 GMT by Arnab Shome
Executive Moves

Deutsche Bank Names Stephane Gruffat as Co-Head of Equity Capital Markets

  • Deutsche Bank reported its highest profit in seven years for Q1, which was propelled forward by its investment bank.
Friday, 21/05/2021 | 07:24 GMT by Tom Hazan
Executive Moves

BCS Global Markets Appoints Evelina Evtimova as Head of Legal and Compliance

  • Evtimova will be responsible for streamlining controls, aligning policies and procedures across BCS Financial Group.
Wednesday, 19/05/2021 | 12:11 GMT by Tom Hazan
Institutional FX

Credit Suisse Reports $275 Million Loss in Q1 2021

  • The Bank took a major hit from the US-based hedge fund scandal during the first three months of 2021.
Thursday, 22/04/2021 | 10:01 GMT by Bilal Jafar
Institutional FX

Credit Suisse Releases Update about Hedge Fund Losses

  • The bank is expecting a pre-tax loss of approximately $960 million in Q1 of 2021.
Tuesday, 06/04/2021 | 10:02 GMT by Bilal Jafar
Institutional FX

Nomura and Credit Suisse Issue Warning about Significant Losses

  • The financial firms have warned about heavy losses from an unnamed US client.
Monday, 29/03/2021 | 07:36 GMT by Bilal Jafar
Institutional FX

Credit Suisse Faces Additional Charges over FX Market Rigging

  • The bank denied all allegations brought by the EU antitrust regulator.
Monday, 22/03/2021 | 12:58 GMT by Arnab Shome
Institutional FX

Credit Suisse Reports Sharp Decline in Net Revenues in Q4 2020

  • The Bank reported net revenues of CHF 5.2 billion in Q4 of 2020, which is down 16% compared to Q4 to 2019.
Thursday, 18/02/2021 | 07:43 GMT by Bilal Jafar
Executive Moves

Amy Glover and Mark Farrell Join Butterfield’s Trust Team in Key Roles

  • Butterfield Group announced on Tuesday that it has appointed two new executives in key roles to its Trust Team.
Tuesday, 26/01/2021 | 13:36 GMT by Tom Hazan
Executive Moves

London Stock Exchange Names Balbir Bakhshi and Julia Hoggett in Key Roles

  • The London Stock Exchange announced two new appointments naming Balbir Bakshi and Julia Hoggett to key positions.
Thursday, 07/01/2021 | 16:31 GMT by Tom Hazan
Institutional FX

UBS and Credit Suisse Merger Not Likely in near Future

  • New management teams took over both the banks recently.
Monday, 07/12/2020 | 11:59 GMT by Arnab Shome
Regulation

Hong Kong Slaps $270K Fine on Credit Suisse

  • The bank was held accountable for breaches in preventing electronic trading anomalies.
Monday, 09/11/2020 | 12:57 GMT by Arnab Shome
Institutional FX

SEC Slaps Credit Suisse with $600K Fine for EBS Lapses

  • The company was previously fined by multiple US regulators for similar violations.
Wednesday, 23/09/2020 | 10:25 GMT by Arnab Shome
Institutional FX

UBS and Credit Suisse Might Merge as One Entity

  • The banks reportedly approached the Swiss regulator as well to discuss the deal.
Monday, 14/09/2020 | 13:25 GMT by Arnab Shome
News

Credit Suisse to Launch Digital Banking App in October

  • The Swiss lender will target young customers with its new banking platform.
Thursday, 10/09/2020 | 13:11 GMT by Arnab Shome
Executive Moves

Credit Suisse Hires Martin Mende as Strategies and Initiative Head

  • He is bringing over 25 years of experience to the bank.
Tuesday, 08/09/2020 | 06:29 GMT by Arnab Shome
Institutional FX

FINMA Opens Enforcement Case Against Credit Suisse for Spying

  • The allegations toppled the top leadership of the bank earlier this year.
Wednesday, 02/09/2020 | 09:58 GMT by Arnab Shome
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