News

DHY CEF has a 8.69% yield and short duration. Learn why valuation and coverage might warrant caution before investing in this ...
UBS is losing ground in the franc bond market. Structural changes are a major reason—but increasing competition is also ...
UBS must face two lawsuits by investors who said the former Credit Suisse defrauded them prior to its March 2023 demise with ...
U.S. District Judge Colleen McMahon found that Core Capital Partners Ltd., represented by Pomerantz LLP and Bronstein Gewirtz ...
A British law firm is bringing a case against Switzerland in connection with the writedown of AT1 bonds during the buyout of ...
The Swiss private bank of the Luxembourg-based BIL Group has appointed a new head of Wealth Management. She brings more than ...
Credit Suisse, which is among the 30 most important banks in the global financial system, has been on the ropes for years following a series of scandals, huge losses and strategic missteps.
But Credit Suisse has seen its shares fall by 84% over the past two years, with UBS instead seeing its stock soar by 15%. As Switzerland’s second biggest bank, Credit Suisse employed more than ...
Credit Suisse said Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first quarter and that outflows were continuing, underscoring the challenge faced by UBS Group ...
Credit Suisse was one of many Wall Street banks that traded with Archegos, the private investment firm of Bill Hwang, a former star money manager. Yet it lost $5.5 billion, far more than its rivals.