Tag: CreditSuisse
Credit Suisse is to pay compensation to Georgia’s former prime minister
Status: 05/26/2023 12:37 p.m The major bank Credit Suisse has again been sentenced to pay high damages to the Georgian billionaire Bidzina Ivanishvili. The former prime minister had already won…
UBS restructures top management – Economy
Until now, changes in the management of a Swiss bank were something for financial connoisseurs. But since UBS took over its smaller rival Credit Suisse under pressure from the state…
Bank runs: Why people take their money out of their accounts – Economy
If panic breaks out, the money is taken from the bank in no time at all, by cell phone. And fear is spreading faster and faster through social media. So…
Credit Suisse: Did UBS Get a Bargain? – Business
If you believe Sergio Ermotti, the old and new head of the Swiss bank UBS, then the country’s largest financial institution sacrificed itself in the takeover of its struggling rival…
Credit Suisse: Quarterly figures show how badly the bank is bleeding out – economy
The primary concern was to prevent a financial crisis when the major Swiss bank UBS took over its struggling Swiss rival Credit Suisse on March 19. But it was also…
Credit Suisse: Credit Suisse is bleeding out – economy
The primary concern was to prevent a financial crisis when the major Swiss bank UBS took over its struggling Swiss rival Credit Suisse on March 19. But it was also…
Politics owes more to Swiss voters – economy
comment by Isabel Pfaff, Berne Switzerland is experiencing for the second time that a financial crisis could only be averted with government help. In 2008, the state had to invest…
Defeat for Swiss government: Parliament rejects guarantees for banks – economy
It was an impressive snap action: On March 19, the Swiss government orchestrated the takeover of the badly hit major bank Credit Suisse by its rival UBS. The deal, which…
Defeat for Swiss government – economy
It was an impressive snap action: On March 19, the Swiss government orchestrated the takeover of the badly hit major bank Credit Suisse by its rival UBS. The deal, which…
Credit Suisse – “Trust Destroyed” – Economy
According to Swiss President Alain Berset, the management of the major Swiss bank Credit Suisse, which was rescued by emergency law, has destroyed confidence in the bank itself. The top…