Credit Suisse seeks $440m Greensill Capital losses from SoftBank Legal Four years after Greensill Capital collapsed, Swiss lender Credit Suisse's $440m legal battle against SoftBank is set for showdown at London's High Court
Bank of London appoints former Credit Suisse boss as chief executive Banking Embattled fintech ‘unicorn’ the Bank of London has appointed the former UK boss of Credit Suisse as chief executive today, as it looks to recover from a string of setbacks and the sudden exit of its founder last year. In a statement, the digital clearing bank said Christopher Horne, who previously headed the failed Swiss [...]
Former Swiss finance minister warns about size of enlarged UBS Banking UBS could be seen as being too big for Switzerland following its takeover of Credit Suisse, former Swiss Finance Minister Ueli Maurer said.
London Metal Exchange hires veteran Credit Suisse executive in modernisation push September 16, 2024 The London Metal Exchange has added veteran banker Robert Arbuthnott to its executive team as the marketplace looks to modernise and rebuild its reputation after a high-profile legal battle.
Angel fund backed by former Credit Suisse CEO and Bridgerton star raises over £8m August 29, 2024 An angel fund backed by the former CEO of Credit Suisse and Bridgerton actress Charithra Chandran has raised $10.9m (£8.3m) in its first close. The Arāya Super Angel Fund, run by Arāya Ventures, is set to invest in up to 60 pre-seed and seed stage founders over the next four years in health tech, fintech, [...]
UBS profit smashes analyst estimates as it steps up Credit Suisse integration August 14, 2024 Swiss banking titan UBS has reported a profit well ahead of analysts' forecasts for the three months to June as it steps up its integration of fallen rival Credit Suisse.
Archegos founder Bill Hwang convicted on fraud charges July 11, 2024 Sung Kook "Bill" Hwang, the founder of Archegos Capital Management, has been convicted of fraud by a Manhattan jury after the 2021 collapse of his firm.
UBS offers to repay former Credit Suisse clients 90 per cent of Greensill funds June 17, 2024 Swiss banking giant UBS has offered to repay former Credit Suisse clients 90 per cent of the funds they invested with specialist finance firm Greensill Capital, which collapsed in 2021.
UBS and Credit Suisse complete merger May 31, 2024 The merger of UBS and Credit Suisse is now formally complete.
Swiss rolls: Former Credit Suisse boss to leave UBS as forced merger completes May 30, 2024 The former boss of Credit Suisse, who oversaw its untimely decline and forced sale to UBS, is set to step away from the newly enlarged bank.