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Credit Suisse announces $3 billion debt buyback

Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, the embattled Swiss bank said today, making a show of strength as it seeks to reassure investors after a tumultuous week.
Business • 07 Oct 22

Credit Suisse scandals may see Switzerland take action

Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers have been largely untouchable.
Business • 28 May 21

Switzerland's UBS first quarter profit up 14%

UBS has today posted a 14% rise in first-quarter net profit on record high client activity levels, but the world's largest wealth manager lost some of its shine as it unveiled it lost $774m dealing with US investment firm Archegos.
Business • 27 Apr 21

Credit Suisse in firing line after Archegos losses

Pressure was mounting on Credit Suisse today over losses linked to the downfall of Archegos Capital, with analysts warning its dividend and share buyback plans may need to go on hold and investors advised to vote against management pay.
Business • 30 Mar 21

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