Tag: bank bailout
Security fund must provide support: “Effenberg” bank probably needs to be saved
Security fund must provide support “Effenberg” bank probably needs to be saved November 22, 2023, 5:49 p.m Listen to article This audio version was artificially generated. More info | Send…
Swiss business is integrated: UBS buries Credit Suisse and cuts 3,000 jobs
Switzerland business is integrated UBS is burying Credit Suisse and cutting 3,000 jobs 08/31/2023, 11:05 am End for the traditional company: Contrary to the hopes of politics and society, UBS…
UBS still beckons mega profits: Credit Suisse writes billions in losses
UBS still beckons mega profits Credit Suisse reports billions in losses 08/27/2023 3:28 p.m The problems of the ailing major bank Credit Suisse did not end with the takeover agreement…
Insiders reveal prank plans: UBS wants to lay off half of the Credit Suisse workforce
Insiders reveal prank plans UBS wants to lay off half of the Credit Suisse workforce 6/27/2023, 9:47 p.m After the emergency takeover of the ailing major Swiss bank Credit Suisse,…
Takeover completed: Credit Suisse is history – its billion-dollar risks remain
takeover completed Credit Suisse is history – its billion-dollar risks remain By Max Borowski 6/12/2023, 4:42 p.m Almost three months after the announcement of the hectic decision to take over…
Is the deal with UBS smart?: “No one knows what risks are hidden in Credit Suisse”
Is the deal with UBS smart? “No one knows what risks are hidden in Credit Suisse” 4/2/2023 2:43 p.m The forced merger of the “super tanker” Credit Suisse and UBS…
Wall Street bonuses collapse: $177,000 performance bonus – despite the banking crisis
2022 was one of the worst years in the US financial industry in a long time, with bonuses collapsing the most since 2008. Nevertheless, there is no need to worry…
The ECB is in a quandary: the bank quake is not over yet
After the Credit Suisse rescue, the financial market is deceptively calm: the banks are still sitting on trillions of dollars in smoldering losses. That could thwart the central bankers’ fight…
Swiss financial expert Canetg: “Banks are inherently unstable entities”
The Swiss government and central bank are trying to stop the run on Credit Suisse with huge sums of money. The Swiss economist and host of the monetary policy podcast…
For financial years up to 2022: Government freezes Credit Suisse bonuses
For the financial years up to 2022 Government freezes Credit Suisse bonuses 03/21/2023 8:04 p.m After its multi-billion euro rescue operation, the struggling Credit Suisse has announced that it will…
Financial expert on the banking crisis: “How much more crisis is needed?”
Financial expert on the banking crisis “How much more crisis is needed?” 03/21/2023, 4:21 p.m After the great financial crisis in 2007 and 2008, everything was supposed to be different…
Person of the week: Ralph Hamers: The man with the bargain of the century
Person of the week: Ralph Hamers The man who gets a bargain of the century By Wolfram Weimer 03/21/2023, 09:42 am With the takeover of Credit Suisse by UBS, a…