UBS must face two lawsuits by investors who said the former Credit Suisse defrauded them prior to its March 2023 demise with ...

A British law firm has filed a case against Switzerland in connection with the write-down of AT1 bonds during UBS's 2023 ...

U.S. District Judge Colleen McMahon found that Core Capital Partners Ltd., represented by Pomerantz LLP and Bronstein Gewirtz ...

But Credit Suisse has seen its shares fall by 84% over the past two years, with UBS instead seeing its stock soar by 15%. As Switzerland’s second biggest bank, Credit Suisse employed more than ...

Credit Suisse, which is among the 30 most important banks in the global financial system, has been on the ropes for years following a series of scandals, huge losses and strategic missteps.

Credit Suisse said Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first quarter and that outflows were continuing, underscoring the challenge faced by UBS Group ...

Since 2000, Credit Suisse has been fined by regulators for a total of $11.4 billion, nearly four times what UBS paid to acquire it. JESSE GRIFFITHS: So it was a bad bank or a bank that had had ...

Credit Suisse said it would borrow up to 50 billion Swiss francs ($53.7 billion) from the Swiss National Bank, taking advantage of a lifeline offered by the central bank late Wednesday after the ...

Credit Suisse is so troubled that the only solution is to break up the bank. Regulators must act swiftly to prevent the situation from spiraling.

“Credit Suisse hid additional evidence of Nazi ties for years, and even tried to conceal information from our congressional investigation,” Grassley said.

Credit Suisse Group AG warned it would lose around $1.6 billion in the fourth quarter after customers pulled their investments and deposits over concerns about the bank’s financial health.