Tag: Suisses
Complaints mount over Credit Suisse’s junk bonds
The Credit Suisse logo, in Zurich, Switzerland, on March 23, 2023 (AFP/Archives/Fabrice COFFRINI) Swiss justice said on Tuesday it had received some 230 complaints from investors harmed by the Swiss…
French and European banks put under pressure by Credit Suisse’s setbacks
Sell first, before sorting. This typical stock market reflex in times of crisis hit European banking stocks again on Wednesday, March 15, with the setbacks of Credit Suisse amplifying the…
USB is not looking to take advantage of Credit Suisse’s difficulties, says its president
Published on 11/30/2022 at 1:19 p.m. Photo credit © Reuters ZURICH (Reuters)…
“UBS is not looking to take advantage of Credit Suisse’s difficulties”, says its president
Published on 11/30/2022 at 1:53 p.m. (Corrects title misprint and §4) ZURICH, Nov 30 (Reuters) – UBS is not actively taking advantage of…
Market: S&P downgrades Credit Suisse’s long-term credit rating
ZURICH (Reuters) – S&P Global Ratings downgraded its long-term credit rating of Credit Suisse Group to “BBB-” from “BBB”, citing “significant execution risks” after the company’s restructuring plan was announced.…
Credit Suisse’s setbacks raise fears of a new Lehman Brothers
(BFM Bourse) – Concern about the situation of Credit Suisse has revived the scenario of a Lehman Brothers, which caused the economic crisis of 2008. For many observers in the…