FINMA provides info about write-down of Credit Suisse AT1 capital instruments
The Swiss FINMA explains the basis for the complete write-down of the nominal value of AT1 capital instruments issued by Credit Suisse.
Credit Suisse
Dukascopy changes trading conditions in response to banking sector situation
In response to the current banking industry crisis , Dukascopy Bank has changed the trading conditions for certain stock CFD instruments.
UBS announces Credit Suisse acquisition paying CHF 3 billion
The UBS-Credit Suisse discussions were initiated jointly by the Swiss Finance ministry, FINMA, and the Swiss National Bank.
Swiss authorities pushing UBS takeover of Credit Suisse for just $1B: FT
UBS is offering just CHF 0.25 per share for Credit Suisse, which would value CS at just USD $1B – only 1/7 of its current $7B market cap.
SNB, FINMA claim no direct contagion risk for Swiss institutions because of US bank turmoil
The SNB and FINMA are pointing out that there are no indications of a direct risk of contagion for Swiss institutions.
Credit Suisse to borrow up to CHF 50 billion from SNB
Credit Suisse plans to exercise its option to borrow from the Swiss National Bank (SNB) up to CHF 50 billion under a Covered Loan Facility.
Anke Bridge Haux to step down as Head of P&BB at Credit Suisse
Credit Suisse announces change of leadership in Personal & Business Banking at Credit Suisse (Switzerland) Ltd.
Swiss regulator concludes “Greensill” proceedings against Credit Suisse
FINMA has concluded its enforcement proceedings against Credit Suisse in connection with its business relationship with financier Lex Greensill.
Credit Suisse and digital asset infrastructure provider Taurus enter into strategic partnership
Credit Suisse is entering into a strategic partnership with Taurus, a digital asset infrastructure provider for financial institutions.
Exclusive: UBS hires Credit Suisse exec Rory Barnes as Director FX PB Sales
Rory Barnes joins UBS in London from Credit Suisse, where he worked for the past three years as VP eFX Sales EMEA.
