The Business Times

credit suisse

Banking & Finance

Swiss court rules Credit Suisse bonus cuts were unlawful

Credit Suisse's guilty plea stems from the Swiss bank maintaining accounts in Singapore on behalf of US taxpayers who were using offshore accounts to evade US taxes and reporting requirements.
Companies & Markets

Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax evasion case involving Singapore accounts

An analyst says the report itself is unlikely to have any direct impact on UBS, but its findings could set the mood in Switzerland.
Banking & Finance

Verdict on Swiss handling of Credit Suisse meltdown to set tone for UBS

ATI bonds were introduced in the aftermath of the global financial crisis to prevent taxpayers from picking up the cost for a bank’s failure.
Banking & Finance

Australia moves ahead to scrap AT1 bonds after Credit Suisse hit

UBS said in a statement that it “welcomes the court’s decision to acquit the bank in connection with a legacy matter related to Credit Suisse.”
Banking & Finance

UBS acquitted over Credit Suisse criminal money laundering case

Last year, Switzerland’s second-largest bank was taken over by rival UBS Group in an emergency rescue brokered by the Swiss government.
Banking & Finance

Credit Suisse collapse puts Switzerland’s wealth lead at risk

FILE PHOTO: A pedestrian walks past a logo of Credit Suisse outside its office building in Hong Kong, China March 21, 2023. REUTERS/Lam Yik/File Photo
Banking & Finance

UBS kept less than half of Credit Suisse’s bankers in Germany

Entrance to the UBS building in Zurich, Switzerland on Saturday, February 4, 2006. Photographer: Adrian Moser/Bloomberg News
Banking & Finance

UBS pledges US$400 billion in Swiss loans after Credit Suisse

UBS’ Asia teams “band together during the difficult times and come out even stronger in the good times”, outgoing regional head Edmund Koh told the audience in Hong Kong.
International

UBS sees growth in all Asia regions

UBS says 36 per cent of the fund's total units in circulation in 2022 had been redeemed by the end of 2023.
Banking & Finance

UBS puts 1.88 billion francs Credit Suisse real estate fund into liquidation

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More