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Scandal-ridden Credit Suisse had flagged a loss in January

Credit Suisse posts $2.2 billion fourth-quarter loss

Credit Suisse has today posted a fourth-quarter net loss of 2 billion Swiss francs ($2.2 billion), hurt by provisions to settle its investment bank's legal …

Business • 10 Feb

The Swiss bank said that business in its trading and wealth management divisions had slowed

Credit Suisse's problems mount amid Q4 profit warning

Credit Suisse warned today that it was likely to make a net loss in the fourth quarter as the scandal-hit lender flagged fresh legal costs …

Business • 25 Jan

Credit Suisse Chairman Antonio Horta-Osorio leaves the bank after two breaches of Covid rules

Credit Suisse chairman resigns over Covid-19 breaches

Credit Suisse Chairman Antonio Horta-Osorio has quit following an internal probe into his personal conduct, including breaches of Covid-19 rules, raising questions over the embattled …

Business • 17 Jan

Deposits of German households and companies at banks in Switzerland climbed almost $5 billion to $37.5 billion in the first quarter of 2021

German millionaires rush assets to Switzerland

A potential lurch to the left in Germany's election on Sunday is scaring millionaires into moving assets into Switzerland, bankers and tax lawyers say.

Business • 24 Sep 21

Julius Baer reports a 23.4% rise in half-year net profit to 606 million Swiss francs

Julius Baer boosts H1 net profit by 23%

Julius Baer has today posted a 23.4% rise in half-year net profit to 606 million Swiss francs ($657.9m), as strong markets and continued client inflows …

Business • 21 Jul 21

Swiss-based UBS is the world's largest wealth manager

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 …

Business • 27 Apr 21

Credit Suisse faced setbacks in its core business last year everywhere outside Asia

Credit Suisse posts 22% annual profit decline

Credit Suisse said today it plans to up lending volume and capitalise on a boom in share listings, to shore up revenue after low interest …

Business • 18 Feb 21

UBS first European bank to pay out full 2019 dividend

UBS shareholders have today approved payment of the second half of its 2019 dividend, making it the first major European bank to pay a full …

Business • 19 Nov 20

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