Tag: Suisse
Before the takeover: high cash outflows at Credit Suisse
Status: 04/24/2023 09:59 am Before being taken over by UBS, Credit Suisse continued to struggle with billions in outflows. The billions in profit reported is related to the emergency measures…
After Wirecard and Credit Suisse: what auditors do – and what they don’t
Status: 04/12/2023 08:15 a.m If a company stumbles, the question quickly arises as to whether there weren’t any warning signs. The focus is then also on the auditors. But what…
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…
Swiss Parliament on Credit Suisse: “Given the greed for more profit”
Status: 04/11/2023 7:29 p.m After the emergency takeover of Credit Suisse, Swiss MPs voiced harsh criticism of their leadership in a special parliamentary session. They demanded consequences from the debacle…
Swiss Federal Council: Government cuts bonuses at Credit Suisse
As of: 04/05/2023 8:53 p.m 1,000 top Credit Suisse bankers have had to forego bonus payments in whole or in part. The Swiss Federal Council decreed. This takes into account…
Everything is now possible at Credit Suisse – business
The management of the major Swiss bank UBS defended the takeover of the recently threatened competitor Credit Suisse on Wednesday, but at the same time also sees risks. The transaction…
Credit Suisse – UBS: Switzerland in the stranglehold of the banks – Economy
comment by Isabel Pfaff Actually, the hour of the shareholders comes at a general meeting. You have the last word on fundamental decisions – just not always, as the shareholders…
Last Annual General Meeting of Credit Suisse: The End of an Icon – Economy
Whistles, sarcasm, hollow nuts: The shareholders use the last general meeting of the major Swiss bank to settle accounts – but they are powerless. The deal with UBS stands. From…
Banks: Credit Suisse executive board apologizes
banks Credit Suisse executive board apologizes Credit Suisse CEO Ulrich Körner: “The collapse of Credit Suisse would have been a catastrophe for the global economy and for Switzerland.” photo ©…
Credit Suisse: Swiss banks are now fighting for the super-rich economy
After the bankruptcy of the major Swiss bank Credit Suisse (CS), the task now is to limit the loss of reputation. After the debacle of the second largest Swiss bank,…