Browsing Tag
Credit Suisse
18 posts
UBS to Reportedly Fire Up to 36,000 Staff After Credit Suisse Takeover
The collapse of banks, including UBS, has had repercussions in the whole financial realm. Credit Suisse was taken…
Swiss Bank Credit Suisse Allegedly Assisted US Tax Evasion for Years, Say Whistleblowers
The catastrophic fall of the Swiss bank, Credit Suisse, is one of several banks that have collapsed in…
Deutsche Bank Shares Plummet by 13%: The Next Domino?
Over the last couple of days, the banking sector has been taking a huge hit. From banks in…
U.S. Launches Investigation into Credit Suisse, UBS for Violating Russian Sanctions
U.S. regulators are currently investigating banks to identify if they evaded Russian sanctions. Switzerland-based Credit Suisse and UBS…
Credit Suisse CEO Claimed Bitcoin Was a ‘Bubble’: Now Bank Sold To Survive
The former CEO of Credit Suisse, Tidjane Thiam remained to be a fierce critic of Bitcoin and the…
Swiss President: It’s Impossible To Regain Confidence In Credit Suisse
The banking sector was slowly recovering after crumbling over the last couple of weeks. As the global banking…
US Banks’ Liquidity Is “Strong” – Fed’s Powell and Treasury Secretary Yellen Affirm
Over the last couple of weeks, the downfall of the banking industry took the front stage. Credit Suisse…
Tron Founder Justin Sun Proposes to Acquire Credit Suisse for $1.5 Billion
Recent reports indicate that UBS has presented a proposal to Credit Suisse, offering a potential acquisition of the…
Switzerland Considers Nationalizing Credit Suisse
Leading American financial institutions’ demise has broad global repercussions. The failure of the Silicon Valley Bank had repercussions…
UBS Willing to Acquire Credit Suisse for up to $1 Billion
Banks went through their fair share of crises in 2023 following the cryptocurrency turmoil in 2022. The downfall…