Credit Suisse News

• Credit Suisse lost US$68B in assets last quarter amid banking challenges

  Clients rapidly started pulling money from Credit Suisse after it was ensnared in market turmoil unleashed by the collapse of Silicon Valley Bank and Signature Bank.

  World

  Apr 24, 2023
  
• Credit Suisse ‘could not be saved,’ chairman says in apology to shareholders

  The chairman of Credit Suisse apologized Tuesday to shareholders for failures of the once-venerable bank and acknowledged the shock and anger felt.

  World

  Apr 4, 2023
  
• Advertisement
• Credit Suisse, UBS shares dive following takeover announcement

  Investors and banking industry analysts were still digesting the deal, but at least one analyst suggested it might tarnish Switzerland’s global banking image.

  World

  Mar 20, 2023
• Advertisement
• Credit Suisse and First Republic are the latest banks in peril. What’s happening?

  Credit Suisse and First Republic Bank are now in the spotlight after the collapse of Silicon Valley Bank. Why is risk spreading to bank after bank?

  Money

  Mar 16, 2023
• Global stocks rally after First Republic, Credit Suisse get lifeline

  Stocks flipped to gains Thursday amid hopes for help for a bank at the center of Wall Street's hunt for what's next to crack in the struggling industry.

  Money

  Mar 16, 2023
• Amid bank crisis fears, Janet Yellen tells Congress banking system ‘remains sound’

  Janet Yellen is the first Biden administration official to face lawmakers over the decision to protect uninsured money at two failed regional banks.

  Economy

  Mar 16, 2023
• Credit Suisse to borrow up to US$54B from Swiss central bank after stock plunge

  Credit Suisse "meets the capital and liquidity requirements imposed on systemically important banks.," the Swiss financial regulator FINMA and the Swiss National Bank said.

  World

  Mar 15, 2023
• Credit Suisse stock plunges to new record low. What’s going on?

  Credit Suisse shares slumped by as much as 30 per cent on Wednesday after its largest shareholder said it could not provide further support.

  Money

  Mar 15, 2023
• Advertisement
• Credit Suisse slashing thousands of jobs as part of ‘radical strategy’

  The "historical moment' for Credit Suisse comes as Credit Suisse acknowledged a ``disappointing'' recent performance at a time of market and macroeconomic uncertainty.

  Money

  Oct 27, 2022