Credit suisse. Medical search. Frequent questions

Beyond sponsoring the dinner, Credit Suisse recently announced a year-long volunteer relationship with the Intrepid Foundation, which was driven by members of the Bank's Americas Veterans' Network (AVN) and reflects Credit Suisse's commitment to the values of leadership, teamwork and integrity for which the military is known. (thedailybeast.com)
Through the relationship, Credit Suisse's employees based in the U.S. will have an opportunity to volunteer in support of Intrepid efforts such as collecting and packaging donations to send to service members overseas. (thedailybeast.com)
Credit Suisse's support of this important organization is also aligned with the AVN's mission to champion military personnel, veterans and their families. (thedailybeast.com)
Credit Suisse's founder, Alfred Escher, was called "the spiritual father of the railway law of 1852", for his work defeating the idea of a state-run railway system in Switzerland in favor of privatization. (wikipedia.org)
INVESTORS in Asia who lost money buying Credit Suisse's Additional Tier 1 or AT1 bonds have started considering legal action against the Swiss government. (thestar.com.my)
Since 2008 Credit Suisse's partnership with the National Gallery has enabled us to plan and create outstanding exhibitions showcasing the history of European art in new and surprising ways that have captured the imagination of over 1.6 million visitors. (nationalgallery.org.uk)
Credit Suisse's practice of engaging in these hiring practices violated the law, and it is now being held to account for having done so," said Charles Cain, chief of the SEC enforcement division's FCPA Unit. (cfo.com)
Whether clients stay or go depends on how quickly UBS can cure Credit Suisse's woes. (businessinsider.com)
The acquirer had $2.8 trillion in global wealth management assets as of the end of 2022 while Credit Suisse's totalled $585 billion. (businessinsider.com)
For instance, Credit Suisse's then-CEO Tidjane Thiam was ousted in 2019 after it was discovered the bank had hired spies to trail star banker Iqbal Khan after he departed for UBS. (businessinsider.com)
Credit Suisse's baggage doesn't help UBS's brand either. (businessinsider.com)
Credit Suisse's reputation is worse than UBS in the family office ecosystem. (businessinsider.com)
Commenting on Koerner's future role, UBS said Koerner would be responsible for Credit Suisse's operational continuity and client focus, while supporting its integration. (yahoo.com)
UBS reiterated that it will evaluate all options for Credit Suisse's Swiss business - which currently comprises wealth management, commercial and investment banking - and will 'communicate further on this matter in the coming months. (yahoo.com)
Reuters reported last week that options under consideration for that business include a sale or an initial public offering of Credit Suisse's domestic unit. (yahoo.com)
The price per share marked a 99% decline from Credit Suisse's peak in 2007. (bangkokpost.com)
The plan, negotiated in hastily arranged crisis talks over the weekend, seeks to address client outflows and a massive rout in Credit Suisse's stock and bonds over the past week following the collapse of smaller US lenders. (bangkokpost.com)
UBS Chairman Colm Kelleher said he will shrink Credit Suisse's investment bank, a unit that has racked up losses in recent years, likely ending the dreams of a CS First Boston spinoff. (bangkokpost.com)
Let me be very specific on this: UBS intends to downsize Credit Suisse's investment banking business and align it with our conservative risk culture," he said at a press conference announcing the deal. (bangkokpost.com)
That's almost half of Credit Suisse's expenses last year. (bangkokpost.com)
A representative for Finma, said at the press conference that Credit Suisse's management will stay in place until the deal closes. (bangkokpost.com)
That likely won't be the case for Credit Suisse's 50,000 workers, 17,000 of whom are in Switzerland, as the two banks combine. (arkansasonline.com)
Some dealmakers, including Credit Suisse's Dragi Ristevski, have already left. (afr.com)
UBS and Credit Suisse's local bankers could start sharing information technology systems by the end of the month, as the pair get closer to realising their 3.5 billion Swiss franc ($5.3 billion) shotgun marriage agreed in March. (afr.com)
Credit Suisse's Australian bankers will operate as a separate business until UBS integrates its employee numbers over to Credit Suisse staff. (afr.com)
Many in Credit Suisse's investment bank are still unsure whether there are dealmaking roles for them at UBS. (afr.com)
Meanwhile, Credit Suisse's private bankers are buoyed by the chance to bring UBS back into Australian wealth management, where Credit Suisse has been historically strong. (afr.com)
Credit Suisse's Australian business broadly comprises three loan books. (afr.com)
The Swiss bank favours the onshore portion of Credit Suisse's Australian loan book, while debt deals for local companies with overseas operations may be less palatable, sources added. (afr.com)
Although there is appetite for select bankers, several, including Credit Suisse's former head of investment banking, Dragi Ristevski , have left. (afr.com)
Credit Suisse's private bankers remain highly sought after by rival wealth advisory shops, people said. (afr.com)
There has also been a "revolving door of managers", with Credit Suisse's new chief financial officer, Dixit Joshi, starting last Monday. (moneyweek.com)
While spokeswomen for UBS and Credit Suisse in Australia declined to comment, a global takeover could lead to UBS Australia absorbing Credit Suisse's lucrative local private bank. (afr.com)
The future of Credit Suisse's investment bank is less clear given UBS is a market leader in mergers and acquisitions and capital markets, which puts the jobs of some 50-odd Credit Suisse investment bankers in doubt, people monitoring the situation said. (afr.com)
Similarly, in other geographies, the likely scenario will involve UBS acquiring Credit Suisse's wealth management arm. (afr.com)
UBS is less focused on capital-intensive investment banking and corporate lending, and more geared towards private banking and Credit Suisse's local Swiss banking operations. (afr.com)
This additional liquidity would support Credit Suisse's core businesses and clients as Credit Suisse takes the necessary steps to create a simpler and more focused bank built around client needs," the bank said. (nzherald.co.nz)
SNB, Credit Suisse's top shareholder, said the carrying value of its investment in the troubled Swiss lender was SR1.3 billion ($346.63 million) on March 31, a decline of almost 70 percent during the first quarter. (arabnews.com)
There have also been calls for UBS to keep Credit Suisse's Swiss operation as a separate entity, to ensure competition and preserve the legacy of the 167-year-old lender. (arabnews.com)
As Credit Suisse's share price entered free-fall this week, the separation of the Swiss unit became one option discussed in the talks between executives and government officials. (gulfnews.com)
It was the only one of Credit Suisse's four main divisions to make money last year. (gulfnews.com)
The Swiss unit generated more than a quarter of Credit Suisse's revenue in 2022 and stayed profitable even as the wealth-management and investment-bank units saw losses. (gulfnews.com)
SBI Holdings, Rakuten Group and Monex Group are among brokerages in Japan that have sold Credit Suisse's riskiest bonds to retail investors. (japantimes.co.jp)
The Federal Department of Finance and UBS signed a loss protection agreement guaranteeing potential losses from winding down Credit Suisse's assets -- but the guarantee applies only if UBS' losses exceed $5.55 billion and is limited to $9.98 billion total, the Federal Council said in a news release. (upi.com)
The government's pledge to shoulder a portion of losses from realizing Credit Suisse's assets was instrumental in convincing UBS to agree to an emergency takeover of its struggling rival in March. (upi.com)
The guarantee would be on a net basis meaning if UBS makes any profits from the realization of Credit Suisse's portfolio they will also be taken into account, the council said. (upi.com)
The terms also restrict the protection to a specific portfolio of assets -- equal to around 3% of the combined assets of the merged bank -- primarily loans, derivatives, legacy assets and structured products from Credit Suisse's Non-Core Unit. (upi.com)
That's Credit Suisse's message to its directors and managing directors, who will receive much of their deferred compensation this year not in company shares but in a blend of hard-to-sell leveraged loans and commercial mortgage-backed securities. (efinancialcareers.com)
Bloomberg News reports that the facility will remain on Credit Suisse's balance sheet and will be held in the fund management division. (efinancialcareers.com)
The much-anticipated restructuring of Credit Suisse's investment bank could involve a three-way split and possible revival of the First Boston brand, according to recent reports. (euromoney.com)
The two bankers are leaders in special purpose acquisition company structuring - Klein for his own many vehicles and Stabinsky as head of Credit Suisse's business when it led the league tables for much of the 2019 to 2021 issuance frenzy, then tactically ceded some market share before the bubble burst this year. (euromoney.com)
The idea of reviving the First Boston brand to house some of Credit Suisse's advisory business is an obvious potential game changer for employees and clients alike. (euromoney.com)
Investment banking has been the source of many of Credit Suisse's past woes. (morningstar.co.uk)
Disposal of some higher quality business units or listing a minority stake in Credit Suisse's profitable and stable Swiss banking business are other avenues to consider. (morningstar.co.uk)
Credit Suisse's EMEA equity derivatives business brings these skill sets together, meaning we are exceptionally well placed to grow this business," says Rotondo. (risk.net)

On 19 March 2023, following negotiations with the Swiss government, UBS announced its intent to acquire Credit Suisse for $3.25 billion (CHF 3 billion) in order to prevent the bank's collapse. (wikipedia.org)
Credit Suisse have sponsored some of our most exciting and successful exhibitions over the last decade including Leonardo da Vinci: Painter at the Court of Milan , Monet & Architecture , Gauguin's Portraits , Raphael , Lucian Freud: New Perspectives, and the upcoming major Frans Hals exhibition in 2023. (nationalgallery.org.uk)
Ben Mansour, who was previously Managing Director of Credit Suisse in Dubai, joined Shuaa as MD, head of investment banking in May 2023, and is expected to start as acting CEO of Shuaa on Monday, the source told Zawya. (zawya.com)

In fact, the AVN creates many meaningful ways for Credit Suisse employees to engage with the military and actively apply those values to the Bank's efforts in recruiting, mentoring and philanthropy. (thedailybeast.com)
Senior Credit Suisse managers in the Asia-Pacific region even tracked the success of some of the bank's "relationship hires" in generating business through the use of spreadsheets that linked particular referral hires to specific business deals for the firm. (cfo.com)
Credit Suisse shareholders have approved a 4 billion Swiss franc share capital hike intended to fund the embattled Swiss bank's turnaround. (rte.ie)
Octavio Marenzi, CEO of consulting firm Opimas LLC, agreed that Credit Suisse depositors need not worry about their money now -- though he noted reports of snap withdrawals worth billions of dollars last week amid confusion about the bank's future. (arkansasonline.com)
Barofsky, a frequent Wall Street critic, also served as the monitor for the Justice Department's settlement with Credit Suisse over the bank's sale of residential mortgage-backed securities, and as monitor after the Swiss firm in 2014 admitted to helping Americans evade taxes. (hindustantimes.com)
We deeply regret that -- despite the industry-leading compliance measures we have put in place -- before 2009, some Credit Suisse private bankers appear to have violated U.S. law," Brady Dougan said in prepared remarks for a Senate subcommittee hearing into the bank's tax-evasion activities. (latimes.com)
A day earlier, Credit Suisse reported that managers had identified "material weaknesses" in the bank's internal controls on financial reporting as of the end of last year. (nzherald.co.nz)
Leaving a Credit Suisse branch in Geneva, Fady Rachid said he and his wife are worried about the bank's health. (nzherald.co.nz)
UBS acquired Credit Suisse this month for $3.3 billion as concerns mounted over the bank's stability. (iol.co.za)
Saudi National Bank's almost 10 percent shareholding in Credit Suisse will convert to approximately 0.5 percent of UBS following the merger of the two Swiss lenders, a bourse statement said in May. (arabnews.com)
Last month, Credit Suisse agreed to beef up protections against money laundering after the Federal Reserve identified deficiencies in the Swiss bank's U.S. operations. (mercopress.com)
Masters could team up with Jay Kim to set up 'Credit Sec' and let the bank's crack team of securitized product specialists work their magic in a standalone unit. (euromoney.com)

The biggest institutional shareholders of Credit Suisse include the Saudi National Bank (9.88%), the Qatar Investment Authority and BlackRock (about 5% each), Dodge & Cox, Norges Bank and the Saudi Olayan Group. (wikipedia.org)
Today's vote by shareholders marks a further important step in our journey to build the new Credit Suisse" chairman Axel Lehmann said after the result. (rte.ie)
Chairman António Horta-Osório surprised Credit Suisse shareholders by springing on them the strategy review they had expected at the end of this year ahead of schedule, presenting it with third-quarter results on Thursday. (euromoney.com)
Credit Suisse shareholders received one UBS share for every 22.48 Credit Suisse shares they held while $17 billion worth of bonds were written down to zero. (upi.com)

ZURICH (Reuters) -UBS Group said on Tuesday that Credit Suisse CEO Ulrich Koerner will stay on after the takeover of its Swiss rival as part of a new leadership team of the combined group. (yahoo.com)
On Swiss streets, emotions were running the gamut among Credit Suisse customers after the government last weekend orchestrated a takeover of the country's second-largest bank by rival UBS -- a bid to prevent further upheaval in the global financial system that began with the collapse of two U.S. banks. (arkansasonline.com)
Regulators are scrambling to seal a UBS takeover of Credit Suisse before markets reopen in Zurich (late Monday AEDT), amid fears a collapse of the 167-year-old lender could lead to broader banking instability. (afr.com)
Before this month's takeover, Credit Suisse had been dogged by mismanagement and compliance issues - last year it reported roughly $8 billion in losses. (iol.co.za)
ZURICH: UBS and the Swiss government signed on Friday an agreement to cover up to 9 billion Swiss francs ($10 billion) in losses from its emergency takeover of Credit Suisse, the country's largest bank, Reuters reported. (arabnews.com)
The loss protection agreement will become effective with the completion of the Credit Suisse takeover, expected as early as June 12, UBS said in a separate statement. (arabnews.com)
The money was made available by the government to ease the emergency takeover of Credit Suisse, whose collapse risked triggering a global financial crisis. (arabnews.com)
To make the takeover possible, the government granted UBS a guarantee for any losses incurred in the liquidation of Credit Suisse assets," the government said in a statement. (arabnews.com)
A group of Credit Suisse investors have sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left them with billions in losses. (outlookindia.com)
The Swiss government signed a deal with UBS on Friday indemnifying the bank giant for losses of up to $10 billion arising from its takeover of its troubled rival Credit Suisse in March. (upi.com)
June 9 (UPI) -- The Swiss government made good on its pledge to indemnify banking giant UBS for losses from its $3.2 billion takeover of rival Credit Suisse on Friday, three days before the deal becomes final. (upi.com)
The takeover deal, hastily cobbled together by the government, the central bank and the Financial Market Supervisory Authority to staunch a $69 billion run on Credit Suisse to "safeguard financial stability and avert damage to the Swiss economy" came as markets were being roiled following a slew of bank collapses . (upi.com)

NEW YORK, April 5 (Reuters) - Credit Suisse CSGN.S will announce the departure of two senior executives and detail how much it expects to lose through its exposure to family office Archegos Capital in an investor update Tuesday, sources familiar with the matter said. (nasdaq.com)

In a statement last month, the bank said Credit Suisse Hong Kong had reached a non-prosecution agreement with the DOJ to resolve the investigation. (cfo.com)
Credit Suisse named India, Hungary and Turkey as the most vulnerable markets and said Hong Kong, Singapore, Korea and Malaysia were the best. (bbj.hu)

By the end of 2022, Credit Suisse had approximately CHF 1.3 trillion in assets under management. (wikipedia.org)
Credit Suisse would expect the Investment Bank and the Group to report a substantial loss before taxes in the fourth quarter 2022, of up to CHF 1.5 billion for the Group. (rte.ie)
But the sale of Credit Suisse, which at the end of 2022 had assets of $1.4 trillion, for just $3.2 billion sparked fury among investors who were "bailed in" to the tune of billions of dollars. (upi.com)

Under chief executive Ulrich Koerner, Credit Suisse set plans to spin off its investment bank under its former moniker Credit Suisse First Boston. (afr.com)
These measures demonstrate decisive action to strengthen Credit Suisse as we continue our strategic transformation to deliver value to our clients and other stakeholders," chief executive Ulrich Koerner said in a statement. (morningstar.co.uk)

LONDON/ZURICH: Shares in Credit Suisse dropped 64% after the market opened on Monday after rival UBS agreed at the weekend to take over the 167-year old bank for $3 billion. (bangkokpost.com)
UBS slumped 8.8% in early Zurich trading, while Credit Suisse declined about 64%, valuing the firm at about 2.71 billion francs. (bangkokpost.com)
Zurich-based Credit Suisse is the second bank known to be targeted by U.S. authorities probing how banks bundled mortgage loans into securities during the U.S. housing boom. (foxbusiness.com)
The headquarters of Swiss bank Credit Suisse in Zurich, Switzerland. (nzherald.co.nz)

Swiss Credit') is a global investment bank and financial services firm founded and based in Switzerland. (wikipedia.org)
Credit Suisse played a substantial role in the economic development of Switzerland, helping the country develop its currency system, funding entrepreneurs and investing in the Gotthard railway, which connected Switzerland to the European rail system in 1882. (wikipedia.org)
By the end of the war, Credit Suisse had become the largest bank in Switzerland. (wikipedia.org)
Dougan's pay is still likely to spark investor ire, particularly in Switzerland, where calls for Credit Suisse to trim its costly investment bank have grown louder. (swissinfo.ch)
A spokesman for Credit Suisse, Switzerland's second-largest bank, declined to comment. (foxbusiness.com)
The bottom line is that Credit Suisse was in it as deep as UBS, aiding and abetting U.S. tax evasion both in Switzerland and on U.S. soil," Levin said. (latimes.com)
A few hours ago, the second largest bank in Switzerland, Credit Suisse, which had seemed close to collapse earlier in the day as its share price reached a record low of $1.74, announced it had secured a $54 billion loan from the Swiss National Bank. (dailyforex.com)
Credit Suisse is a global financial services company based in Switzerland, and it is among the leading precious metals refineries in the world. (apmex.com)

It was indispensable that we acted quickly and find a solution as quickly as possible" given that Credit Suisse is a systemically important bank, Swiss National Bank President Thomas Jordan said at a press conference late Sunday. (bangkokpost.com)

Credit Suisse was founded in 1856 to fund the development of Switzerland's rail system. (wikipedia.org)
Credit Suisse helped fund the creation of Switzerland's electrical grid through its participation with Elektrobank (now called Elektrowatt), a coalition of organizations that co-financed Switzerland's electrical grid. (wikipedia.org)
Many of Switzerland's 8.5 million people have accounts in either UBS or Credit Suisse. (arkansasonline.com)
This content was published on Nov 18, 2011 Nov 18, 2011 Switzerland's big banks, UBS and Credit Suisse, have failed to convince markets that they have fully turned their backs on risky trading despite. (swissinfo.ch)
On Tuesday, the Senate's Permanent Subcommittee on Investigations released a report accusing Credit Suisse, Switzerland's second-largest bank, of helping thousand of Americans hide billions of dollars in assets from the Internal Revenue Service. (latimes.com)
Switzerland's central bank announced late Wednesday that it was prepared to act, saying it would support Credit Suisse if needed. (nzherald.co.nz)
The hastily arranged, $3.25 billion deal prevented the downfall of Switzerland's second-largest bank after its stock plunged and customers rushed to pull out their money amid fears about long-running troubles at Credit Suisse and upheaval in the global financial system after the collapse of two U.S. banks. (outlookindia.com)
Switzerland's decision in March to write down the bonds as part of a government-led rescue of Credit Suisse shocked investors in Japan , who bought around ¥140 billion ($1 billion) worth of the debt. (japantimes.co.jp)

In 2017, Credit Suisse under then-CEO Tidjane Thiam abandoned a long-standing plan for an IPO of parts of the Swiss business in favor of a broad capital raise. (gulfnews.com)

The government's loss-guarantee was necessary because there was little time to do due diligence and Credit Suisse has hard-to-value assets on its books that UBS plans to wind down, Kelleher said. (bangkokpost.com)
Asked if Credit Suisse had told customers how to manage their assets since the deal emerged, a bank spokeswoman said that "until the transaction has closed, business continues as usual for Credit Suisse and its clients. (arkansasonline.com)
clear that some Swiss-based bankers at Credit Suisse appear to have helped their U.S. clients hide income and assets in the past," he said. (latimes.com)
Credit Suisse has repeatedly and publicly supported the principle that banks have an obligation not to knowingly assist clients in hiding income and assets," Dougan said. (latimes.com)
But Levin said Credit Suisse has been lax in disclosing names behind accounts of 22,000 American citizens at the bank from 2001 to 2008 that had a total of up to $12 billion in assets. (latimes.com)
Credit Suisse helped ultrawealthy Americans hide millions in assets to evade taxes, a Senate panel concluded in a report. (iol.co.za)
Credit Suisse, the troubled Swiss bank recently acquired by a rival, helped ultrawealthy Americans hide millions in assets to evade taxes, violating a 2014 plea agreement with U.S. authorities, a Senate panel concluded in a report released this past week. (iol.co.za)
In a statement, Credit Suisse said that the report detailed "legacy issues," some extending back a decade, and that it has implemented protocols meant to root out individuals seeking to hide assets from U.S. tax officials. (iol.co.za)
The guarantees will kick in if UBS incurs losses from the sale of Credit Suisse assets beyond 5 billion francs that the lender is due to cover itself. (arabnews.com)
The agreement will cover a portfolio of Credit Suisse assets that were difficult to assess in the few days the banks had to hash out a deal and which are not needed as part of the future core business of UBS. (arabnews.com)
The agreement will remain in place until the final realization of the Credit Suisse assets. (arabnews.com)
The protection agreement was an acknowledgment that by taking over Credit Suisse, UBS was also taking over a portfolio of assets "that are considered non-core to UBS and do not fit its business and risk profile," the statement said. (upi.com)
In May, UBS acknowledged a one-time $34.8 billion "negative goodwill" gain from the acquisition of Credit Suisse assets at low cost more than offset the $17 billion hit it expected from liabilities and write-downs of its former rival's assets. (upi.com)
The confirmation from Credit Suisse in the announcement that its high-quality liquid assets bond portfolio is fully hedged against interest rate risk is welcome. (morningstar.co.uk)
Assets under management protected by Credit Suisse on the insurer's new range of unit-linked policies incorporating the iCPPI technology stand at €350 million. (risk.net)

Speaking Wednesday at a financial conference in the Saudi capital of Riyadh, Credit Suisse Chairman Axel Lehmann defended the bank, saying, "We already took the medicine" to reduce risks. (nzherald.co.nz)

In May 2014, Credit Suisse pleaded guilty to helping wealthy Americans hide billions of dollars to evade paying taxes. (iol.co.za)

UBS was already a giant in wealth management before it agreed to buy doomed rival Credit Suisse. (businessinsider.com)
UBS was already the largest private wealth manager in the world before it agreed to buy fellow Swiss bank Credit Suisse. (businessinsider.com)
In the US, little is expected to change when it comes to wealth management as Credit Suisse sold off its domestic wealth business to Wells Fargo in 2015. (businessinsider.com)
Our experts say that with thousands of redundancies on the way, it is highly likely that some of the Credit Suisse management team will use their extensive contacts to start up their own wealth managers," Georgiou told Insider. (businessinsider.com)
At the end of October, Credit Suisse unveiled a plan to cut thousands of jobs and shift its focus away from investment banking and towards less turbulent wealth management. (rte.ie)
It's a different story for those who entrusted their money to Credit Suisse for wealth management or investment advice. (arkansasonline.com)
Credit Suisse private bankers are keen to bring UBS back into wealth management. (afr.com)
Credit Suisse operates a wealth management, investment banking and global markets business in Australia. (afr.com)
Tidjane Thiam's departure comes amid an investigation by Swiss regulator FINMA following two instances of former Credit Suisse employees, including former wealth boss Iqbal Khan, being placed under surveillance. (cnbc.com)

Regulator Finma said about 16 billion francs of Credit Suisse bonds, known as AT1s, will become worthless to ensure private investors help shoulder the costs. (bangkokpost.com)
Credit Suisse bonds rose in weekend trading on reports of a potential deal. (afr.com)
The investors are contesting an order by the Swiss Financial Market Supervisory Authority, or FINMA, that wiped out about 16 billion Swiss francs ($17.3 billion) in higher-risk Credit Suisse bonds as part of an emergency rescue last month, lawyers said Friday. (outlookindia.com)
Swiss regulators say contracts for these so-called Additional Tier 1, or AT1, bonds issued by Credit Suisse show that they could be written down in a "viability event," particularly if the government offers extraordinary support. (outlookindia.com)

Dougan said Wednesday that Credit Suisse has led an effort to change a tradition of secrecy in Swiss banking. (latimes.com)
But such payments won't start for "several years," according to a memo from Brady Dougan and Paul Calello, chief executives of Credit Suisse and its investment bank division, respectively. (efinancialcareers.com)
As an important Credit Suisse shareholder Dougan may well be willing help his former deputies to set up a unit called 'Credit Comp' to monetise this skill set. (euromoney.com)

With mass layoffs expected at Credit Suisse, customers may choose to follow their advisors and bankers rather than stay with the newly merged institution, said Max Georgiou, a London-based analyst at Third Bridge. (businessinsider.com)
Some media had speculated that a number of Credit Suisse bankers would take up senior roles at the new group. (yahoo.com)
If private bankers choose to leave Credit Suisse, bonuses must be repaid. (afr.com)
Bankers at UBS' Australian offices have been told by senior management the deal is on the cusp of completion, but individuals who are porting across from Credit Suisse will still operate within a separate business in the interim. (afr.com)
Some of its current investment bankers may be congratulating themselves on negotiating retention bonuses ahead of what is turning out to be a fallow period for their peers at other banks that don't face the same reputational challenges as Credit Suisse. (euromoney.com)

Credit Suisse Group has agreed to pay $77 million to settle with the Securities and Exchange Commission and the U.S. Department of Justice over violations of the Foreign Corrupt Practices Act (FCPA). (cfo.com)
Those in the investment bank said they remained unsure about UBS' interest after it said last week in an F-4 filing with the US Securities and Exchange Commission that Credit Suisse could experience "substantially higher" staff attrition, particularly among those reliant on bonuses. (afr.com)
The U.S. Securities and Exchange Commission subpoenaed mortgage-related documents from Credit Suisse, bond insurer MBIA Inc disclosed in a court filing in May 2011. (foxbusiness.com)
On that second point, Credit Suisse agreed last week to pay $196 million and admitted wrongdoing to settle allegations by the Securities and Exchange Commission the bank provided brokerage and investment advisor services to as many as 8,500 U.S. customers without registering with the agency. (latimes.com)

The gold bar features the Credit Suisse logo on its obverse as well as the bar's weight, purity and serial number. (goldprice.org)
The bar's obverse (front) often includes the Credit Suisse logo, the bar's weight and purity, and a unique serial number for authentication purposes. (apmex.com)
Credit Suisse Silver Bars often come with a certification of authenticity to assure investors of the bar's weight and purity. (apmex.com)

In 2018 the National Gallery and Credit Suisse celebrated 10 years of this unique partnership, the Director Dr. Gabriele Finaldi and Patrick Flaherty from Credit Suisse discussed why the partnership was so important to both organisations and some of the highlights from the last decade. (nationalgallery.org.uk)
In 2018, Carlyle appointed five banks including Credit Suisse to underwrite its acquisition of Accolade . (afr.com)

As the first Wall Street bank to create an employee network for veterans as part of its diversity initiatives, Credit Suisse is proud to support the Intrepid," said Christopher Barry, Managing Director at Credit Suisse and Co-Chair of the AVN. (thedailybeast.com)
Credit Suisse partnered with First Boston in 1978 before buying a controlling share of the bank in 1988. (wikipedia.org)
The bank was at the center of multiple international investigations for tax avoidance (such as the famous "Suisse Secrets" scandal) which culminated in a guilty plea and the forfeiture of US$2.6 billion in fines from 2008 to 2012. (wikipedia.org)
The bank opened on 16 July 1856 and was modeled after Crédit Mobilier, a bank funding railway projects in France that was founded two years prior, except Credit Suisse had a more conservative lending policy focused on short-to-medium term loans. (wikipedia.org)
Throughout the late 1800s, Credit Suisse set up banking and insurance companies in Germany, Brussels, Geneva and others (as SKA International) with the bank as a shareholder of each company. (wikipedia.org)
The Swiss universal bank, the one business of Credit Suisse that has remained a relative bastion of stability, is expected to stay with UBS, despite concerns about concentration in the domestic market. (bangkokpost.com)
Bank runs are a risk for even the biggest and safest banks, but "with Credit Suisse, things look very, very safe indeed at this stage in terms of deposits. (arkansasonline.com)
Swiss bank Credit Suisse cut its chief executive's pay package by more than half last year, after net profit for 2011 shrank 62 per cent and its stock dropped 41 per cent. (swissinfo.ch)
This content was published on Nov 1, 2011 Nov 1, 2011 Adverse market conditions have forced Swiss bank Credit Suisse to ramp up its restructuring plan by adding another 1,500 job cuts to the 2,000. (swissinfo.ch)
Before its rescue was enforced by regulators, Credit Suisse had intended to spin off its investment bank and rebrand it Credit Suisse First Boston. (afr.com)
Credit Suisse stock has slumped on rumours that the bank is in trouble. (moneyweek.com)
Credit Suisse stock has plunged nearly 58% this year as the bank has fought off scandals and reported large losses. (moneyweek.com)
Credit Suisse has long been the go-to bank for the ultra wealthy, and a play for its deep-pocketed client list would prove ideal for UBS. (afr.com)
U.S. federal and state authorities are investigating Credit Suisse AG over mortgage-backed securities packaged and sold by the bank, people familiar with the probe said on Thursday. (foxbusiness.com)
While Credit Suisse agreed to investigate, the bank established an unnecessarily rigid and narrow scope, refused to follow new leads and removed the independent ombudsman overseeing it, according to a statement by the US Senate's Budget Committee. (hindustantimes.com)
The bank strongly rejects these misrepresentations," Credit Suisse said. (hindustantimes.com)
The Justice Department has been investigating Credit Suisse since at least 2011 and has indicted seven bank employees on charges of aiding and abetting U.S. tax evasion. (latimes.com)
Credit Suisse shares soared 30 per cent after it announced it will move to shore up its finances by borrowing up to nearly $87 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the US to Europe. (nzherald.co.nz)
Credit Suisse, which was beset by problems long before the US bank failures, said Thursday that it would exercise an option to borrow up to 50 billion francs ($87 billion) from the central bank. (nzherald.co.nz)
Fanning new fears about the health of financial institutions following the recent collapse of Silicon Valley Bank and Signature Bank in the US, at one point, Credit Suisse shares lost more than a quarter of their value Wednesday. (nzherald.co.nz)
Credit Suisse was widely seen as the weakest link among Europe's large banks, but it is not the only bank which has struggled with weak profitability in recent years. (nzherald.co.nz)
Filippo Alloatti, senior credit analyst at Federated Hermes, told CNBC Monday that reputational damage of this magnitude 'takes some time to filter through,' but added that Thiam's restructuring of the bank had largely been successful in setting the trajectory back toward growth. (cnbc.com)
Bank shares in the US saw a small recovery yesterday , which may be extended when US markets open later, on news of the Credit Suisse bailout. (dailyforex.com)
As government officials, regulators and executives huddle to find ways to stabilize Credit Suisse Group, attention keeps turning to the lender's most prized asset: the Swiss universal bank. (gulfnews.com)
The domestic bank has in recent years been a profitable anchor while the rest of Credit Suisse has lurched from crisis to crisis. (gulfnews.com)
The Swiss universal bank is a key partner for the Swiss economy," said Vincent Kaufmann, CEO of Ethos Foundation, which is also a Credit Suisse shareholder. (gulfnews.com)
And even if there's little appetite within UBS or Credit Suisse for a forced merger or a bailout, the value of the Swiss bank is seen as an asset that could be called on to bolster the group. (gulfnews.com)
From Spacs and securitized products to executive compensation and supply-chain planning, Credit Suisse could split its investment bank into more than three parts. (euromoney.com)
In 2000, Credit Suisse paid $11.5 billion to buy US investment bank DLJ. (euromoney.com)
With its shares taking another downward lurch towards SFr4 ($4.06) on September 23, Credit Suisse might need to adopt an all-of-the-above approach to ideas for restructuring its investment bank. (euromoney.com)
Under fire Swiss bank Credit Suisse (CSG), whose share price plunged 25% on Wednesday amid concerns over its financial health, has been thrown a lifeline by the Swiss central bank overnight. (morningstar.co.uk)
Credit Suisse announced on Thursday that it would borrow up to 50 billion francs (£44 billion) from the Swiss central bank to reinforce the group. (morningstar.co.uk)
Credit Suisse said the central bank loan of up would "support. (morningstar.co.uk)
Credit Suisse, hit by a series of management scandals in recent years, saw its stock price tumble off a cliff Wednesday after major shareholder Saudi National Bank said it will not invest more in the group, citing regulatory constraints. (morningstar.co.uk)
The CHF 50bn liquidity injection from the Swiss central bank announced this morning could buy Credit Suisse some precious time to execute a more radical restructuring than it previously envisaged. (morningstar.co.uk)
Credit Suisse has a reputation as a reliable, stable bank, and it is one of the most prestigious financial institutions globally. (apmex.com)
Graduates have found work at financial and nonfinancial areas of investigation and research techniques used in finance, companies such as Credit Suisse, Citco Group, Goldman Sachs, and to give you the general knowledge required to specialise in Royal Bank of Scotland, JP Morgan, BNP Paribas, China In- your preferred area of finance. (lu.se)

Banking giant UBS is acquiring its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday. (arkansasonline.com)
The accusations add to the challenges facing the Swiss lender as it's being taken over by larger rival UBS Group AG, which last month agreed to buy Credit Suisse in a government-led rescue. (hindustantimes.com)
The accusations come during a turbulent period for Credit Suisse, which is now in the process of being gobbled up by rival UBS under a hasty deal engineered by the Swiss government. (iol.co.za)

Credit Suisse called the settlement a "legacy matter" that did not impact the services provided to any clients, investors, or counterparties. (cfo.com)
Credit Suisse, Linklaters, Deloitte and The Conduit Connect have launched a new venture to partner early-stage companies with potential investors. (cityam.com)
Credit Suisse chief sustainability officer Marisa Drew said: "We are delighted to be supporting such a 'mission-aligned' partner as the Conduit Connect which is seeking to drive deep impact while generating attractive returns for investors. (cityam.com)
Credit Suisse also continued to build out its platform for servicing individualised constant proportion portfolio insurance (iCPPI) policies to meet demand from insurance companies for a capital-efficient hedging solution that also provides flexibility for investors. (risk.net)

The Justice Department and the New York Attorney General are among those probing Credit Suisse's actions, according to the sources, who spoke on condition of anonymity. (foxbusiness.com)

UBS executives are exploring an acquisition of all or parts of Credit Suisse at the urging of regulators, according to people familiar with the matter. (gulfnews.com)

Credit Suisse had its first unprofitable year in 1886, due to losses in agriculture, venture investments, commodities, and international trade. (wikipedia.org)
Because Credit Suisse was already coming off a year of substantial losses, a potential fine of $1 billion would be no trivial fine for UBS, said John Sedunov, a finance professor at Villanova University. (iol.co.za)
The government said the agreement did not mention any federal participation in losses above the total agreed 14 billion francs because such a commitment would require "a legal basis as well as parliamentary approval of a corresponding guarantee credit. (arabnews.com)
Unlike those two, Credit Suisse reportedly will claw back past bonuses not only in cases of wrongdoing or future losses, but simply for the sin of leaving its employ within two years after a bonus. (efinancialcareers.com)

Statistisches Jahrbuch der Schweiz = Annuaire statistique de la Suisse. (who.int)

UBS is taking over Credit Suisse as part of a Swiss government-orchestrated rescue backed by as much as 250 billion Swiss francs ($281.25 billion) of state support after recent banking sector turmoil brought the country's No. 2 lender to the brink of collapse. (yahoo.com)
For instance, UBS may decrease exposure to Credit Suisse client Accolade Wines, the country's second-largest wine group backed by US private equity firm The Carlyle Group. (afr.com)

Markets are cheered by the de facto bailout of Credit Suisse, which may bring more stability to the banking sector and shore up stock markets. (dailyforex.com)

In a statement to The Washington Post, UBS spokeswoman Erica Chase said: "As part of our due diligence related to UBS's acquisition of Credit Suisse, we made an assessment of outstanding litigation and investigation matters. (iol.co.za)

Under the current restructuring plan, Credit Suisse will retain the perenially unprofitable securities trading business. (morningstar.co.uk)
Despite its current solid common equity tier-one ratio of 14.1%, we believe Credit Suisse would need additional capital to fund the restructuring costs involved in running down unprofitable businesses. (morningstar.co.uk)

Credit Suisse is acting solely as an arm's length contractual counterparty and not as a financial adviser (or in any other advisory capacity including tax, legal, accounting or otherwise) or in a fiduciary capacity. (credit-suisse.com)
Credit Suisse is also a primary dealer and Forex counterparty of the Federal Reserve in the United States. (wikipedia.org)

Credit Suisse Group AG (French pronunciation: [kʁe.di sɥis], lit. (wikipedia.org)
UBS said that following the legal closing of the transaction, which it expected in the coming weeks, UBS Group AG would manage two separate parent companies - UBS AG and Credit Suisse AG - throughout the integration process it has said could take three to four years. (yahoo.com)
Credit Suisse also highlighted its efforts to improve its balance sheet and reduce risk, including bond sales which raised $5 billion and selling part of its Securitized Products Group. (rte.ie)
UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence that had started to spread across global financial markets. (bangkokpost.com)
Part of the integration will involve Credit Suisse staffers receiving so-called UBS group-wide personnel numbers, or GPNs, and being set up with UBS email addresses. (afr.com)
Credit Suisse Group AG was accused by US lawmakers of impeding an investigation into its historical assistance to Nazis that had revealed a number of previously undisclosed accounts. (hindustantimes.com)
Credit Suisse currently operates four distinct divisions: Investment banking, private banking, asset management and the shared services group. (goldprice.org)
Fearing of doing business with politically-exposed clients in a sanctions-hit country, Credit Suisse Group AG has cut relationships with a number of Venezuela's wealthy. (mercopress.com)

Besides Koerner, who spent over a decade at UBS before returning to Credit Suisse in 2021, UBS CEO Sergio Ermotti largely leaned on UBS executives in pulling together his new team. (yahoo.com)

Credit Suisse said today it expects to make a pre-tax loss of up to 1.5 billion Swiss francs ($1.58 billion) in its fourth quarter. (rte.ie)
Swiss authorities lent 50 billion Swiss francs ($81 billion) to Credit Suisse to stabilise its balance sheet. (afr.com)
The spat over the internal Credit Suisse probe comes about a quarter century after the two big Swiss banks reached a $1.25 billion settlement with victims of the Holocaust. (hindustantimes.com)
Credit Suisse had about 75 billion francs (US$ 85.6 billion) under management in the region in late 2019, according to a presentation at the time. (mercopress.com)

The turmoil prompted an automatic pause in trading of Credit Suisse shares on the Swiss market and sent shares of other European banks tumbling, some by double digits. (nzherald.co.nz)

An investor in loans to owners of developments such as Nevada's Lake Las Vegas is suing Credit Suisse over the way it valued the properties prior to the financial crisis. (wsj.com)
Red Hat, Inc. (Nasdaq:RHAT), the world's premier open source and Linux provider, today announced that a mission critical component of the Credit Suisse First Boston (CSFB) worldwide financial trading architecture has been successfully migrated from Unix to Red Hat Linux. (redhat.com)
Credit Suisse has a magnificent reputation within the financial world, and is one of the most respected financial institutions. (goldprice.org)

But because employees' PAF units will bear the first risk of loss, Credit Suisse expects that its own capital will be insulated from market-value fluctuations of the PAF, Bloomberg says. (efinancialcareers.com)

The nature of the investigation of Credit Suisse was not immediately known. (foxbusiness.com)
The latest internal Credit Suisse investigation was conducted by forensic research firm AlixPartners and overseen by Neil Barofsky, the former inspector general of the Troubled Asset Relief Program. (hindustantimes.com)

Whatever happens, the recent volatility in Credit Suisse stock and credit-default swaps highlights the "deeply unforgiving" mood of the market, says Ben Marlow in The Daily Telegraph . (moneyweek.com)

Credit Suisse as been the leader in Swiss domestic investment banking activity in terms of deal value for at least a decade. (gulfnews.com)
The partnership will connect members of London-based social change initiative The Conduit with Credit Suisse clients to access impact investment opportunities. (cityam.com)
We believe a more radical separation of investment banking activities from Credit Suisse is needed to restore confidence. (morningstar.co.uk)
Credit Suisse Silver Bars typically come in various weights to accommodate different investment budgets and preferences. (apmex.com)
We had a proposition for this co-investment plan, but Credit Suisse was distinctive in offering something with a more structured payout plus capital protection, which significantly appealed to our employees and resulted in a record level of participation. (risk.net)

The obverse of these coins features the Credit Suisse name, weight, purity, and a serial number. (apmex.com)

Credit Suisse has extensive experience in structuring share ownership plans, having executed more than 40 plans around Europe since the early 1990s for household names including Axa and Air France. (risk.net)

Escher founded Credit Suisse (originally called the Swiss Credit Institution, i.e. (wikipedia.org)
Credit Suisse was founded by Alfred Escher in 1856 as Schweizerische Kreditanstalt. (goldprice.org)

Rich clients as well as industry analysts are concerned that UBS will have to spend considerable time and resources to integrate Credit Suisse, which has been plagued by scandals for several years. (businessinsider.com)
What will determine how many clients stay or go is how quickly UBS can integrate the best parts of Credit Suisse and cut the rest. (businessinsider.com)
Credit Suisse clients will be brought in to collaborate and invest with start-up ventures that are working on social and environmental initiatives. (cityam.com)
Scandals such as the implosions of clients Greensill and Archegos Capital got Credit Suisse into its current mess, but if WeWork founder Adam Neumann can reinvent himself as a disrupter of the residential property market there is no reason departed the firm's executives can't also embrace their personal challenges as learning opportunities. (euromoney.com)
We think it is an attractive product in the current environment where a number of our corporate clients are interested in both raising capital and finding new ways to remunerate their employees," says Walter Rotondo, head of equity derivatives for Europe, the Middle East and Africa (EMEA) at Credit Suisse. (risk.net)

Credit Suisse Joins Forces with the Intrepid Museum Foundation for its 19th Annual "Salute to Freedom" dinner and kicks off a year-long volunteering relationship. (thedailybeast.com)
The transaction is expected to be completed by the end of the year if possible, Credit Suisse said in a statement Sunday. (bangkokpost.com)
But if they choose to leave Credit Suisse, it will be under the condition they pay back any cash bonuses received in the past year. (afr.com)
Credit Suisse reported higher-than-expected net income of 881 million Swiss francs ($886.9 million) for the third quarter of 2019 and doubled its return on tangible equity year-on-year. (cnbc.com)
Shares in the PAF reportedly will be distributed to Credit Suisse managers and managing directors and will make up a sizable portion of their year-end bonus. (efinancialcareers.com)
Credit Suisse designed a structure whereby employees would enter into a three-and-a-half-year forward sale of Intesa Sanpaolo ordinary shares. (risk.net)
The platform's strength was highlighted this year when Credit Suisse was selected to act as one of two hedge providers for Italian life company Fideuram. (risk.net)

Credit Suisse acknowledged the reputational damage brought about by the spying scandal, but since the news of Khan's complaint to Swiss police emerged in September, the lender's shares are up by around 5% and net inflows have not been impacted materially. (cnbc.com)

Credit Suisse is in the middle of a crisis, says Ben Martin in The Times . (moneyweek.com)

My money is already invested in two or three banking establishments," customer Elisabeth Pictet said after exiting the biggest Credit Suisse branch in central Geneva. (arkansasonline.com)

If you are looking to add gold bullion to your portfolio and are on a budget, the 1 gram gold bar from Credit Suisse may be an excellent choice. (goldprice.org)
Produced by one of the most highly respected names in bullion, this 1 gram gold bar from Credit Suisse can add beauty and value to any portfolio or collection. (goldprice.org)
These single gram gold bars are a fine example of the quality and craftsmanship that has come to be expected from a Credit Suisse product. (goldprice.org)
Credit Suisse has produced gold bars of numerous weights and sizes from 1 gram to 10 ounces. (goldprice.org)
In fact, Credit Suisse offers gold bars in numerous smaller sizes including 1, 2, 5, 10 and 20 gram weights. (goldprice.org)

And the Department of Labor (DOL) recently proposed to exempt Credit Suisse from an otherwise mandatory penalty involving the firm's pension fund management business. (citizen.org)

Schweizerische Kreditanstalt) jointly with Allgemeine Deutsche Credit-Anstalt on 5 July in 1856 primarily to provide domestic funding to railway projects, avoiding French banks that wanted to exert influence over the railway system. (wikipedia.org)
WASHINGTON -- The chief executive of Credit Suisse told U.S. senators Wednesday it was "unacceptable" for Swiss banks to help Americans evade U.S. taxes and he regrets some of the firm's employees did so in the past. (latimes.com)
Credit Suisse is "a much bigger concern for the global economy" than the midsize US banks that collapsed, said Andrew Kenningham, chief Europe economist for Capital Economics. (nzherald.co.nz)

The SEC said that Credit Suisse had written policies beginning in at least 2007 that prohibited the hiring of candidates referred by or related to officials from state-owned entities or government ministries in order to obtain or retain business. (cfo.com)
Yet the DOL proposes to let Credit Suisse retain its status as trustworthy for complex, high risk investments. (citizen.org)

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