In the Archegos case, UBS has reached an agreement with the authorities for the acquired Credit Suisse. The big bank pays fines totaling 388 million US dollars. With this, Finma also closes the proceedings against CS. As part of the agreement, penalties of $269 million will be paid to the US Federal Reserve and the…
CS takeover by UBS – Ex-CS boss Thiam: “Risk was always a priority for me” – News – SRF Skip to content News Business Current article Contents Author: Verena Edinger is on the live ticker The future of Credit Suisse is decided: The UBS becomes her competitor for the total of three billion francs take…
Special Purpose Acquisition Companies (Spacs) were very lucrative during the stock market boom, especially for their founders. After the turnaround in interest rates, their continued existence is more than uncertain. Tidjane Thiam, former head of Credit Suisse, is trying to be a spac investor. The volatile market environment works against this once fashionable form of…
