Repeating cause I like it..
Record #Fine of 27.173 Billion Won Imposed on #CreditSuisse for Illegal Short Selling - Businesskorea
https://www.businesskorea.co.kr/news/articleView.html?idxno=220513
Record #Fine of 27.173 Billion Won Imposed on #CreditSuisse for Illegal Short Selling - Businesskorea
https://www.businesskorea.co.kr/news/articleView.html?idxno=220513
Businesskorea
Record Fine of 27.173 Billion Won Imposed on Credit Suisse for Illegal Short Selling
Financial regulatory authorities have imposed a record fine of 27.173 billion won (approximately $20.13 million) on Credit Suisse for illegal short selling, ma
#SNB's Jordan blames #CreditSuisse bosses for bank's crash | Reuters
https://www.reuters.com/business/finance/snbs-jordan-blames-credit-suisse-bosses-banks-crash-2024-07-05/
https://www.reuters.com/business/finance/snbs-jordan-blames-credit-suisse-bosses-banks-crash-2024-07-05/
Reuters
SNB's Jordan blames Credit Suisse bosses for bank's crash
Credit Suisse's collapse was caused by the bank's management, not by Swiss financial authorities, Swiss National Bank Chairman Thomas Jordan was quoted as saying on Friday.
Archegos' Bill Hwang found guilty after bets led to demise of #CreditSuisse | Fortune
https://fortune.com/2024/07/11/archegos-bill-hwang-found-guilty-fraud-credit-suisse-investment-banks-paramount/
https://fortune.com/2024/07/11/archegos-bill-hwang-found-guilty-fraud-credit-suisse-investment-banks-paramount/
Fortune
Archegos speculator Bill Hwang could spend the rest of his life behind bars after his disastrous bets ushered in the demise of…
Federal jury finds Hwang lied to lenders over the size and scope of his bets on stocks like ViacomCBS in order to juice returns, causing $10 billion in combined losses.
Interim #CreditSuisse Review Blasts #Finma and #SNB, SZ Says
Regulator said to be criticized for a lack of assertiveness
Central bank should have seen liquidity issues earlier
- Bloomberg
https://www.bloomberg.com/news/articles/2024-07-14/interim-credit-suisse-review-blasts-finma-and-snb-sz-reports
Regulator said to be criticized for a lack of assertiveness
Central bank should have seen liquidity issues earlier
- Bloomberg
https://www.bloomberg.com/news/articles/2024-07-14/interim-credit-suisse-review-blasts-finma-and-snb-sz-reports
Bloomberg.com
Interim Credit Suisse Review Blasts Finma and SNB, SZ Reports
Preliminary conclusions of the Swiss parliamentary commission reviewing the 2023 collapse of Credit Suisse sharply criticize the financial regulator Finma as well as the country’s central bank and the Federal Council, according to a report in SonntagsZeitung.
Ex CEO of #CreditSuisse in the news...
Domestic worker allegedly blackmailed former CS CEO Thiam
https://www.bluewin.ch/en/news/domestic-worker-allegedly-blackmailed-former-cs-boss-thiam-2296912.html
Domestic worker allegedly blackmailed former CS CEO Thiam
https://www.bluewin.ch/en/news/domestic-worker-allegedly-blackmailed-former-cs-boss-thiam-2296912.html
UBS questioned by US Senator over $350 million tax evasion case
The indictment offers “substantial new evidence that #CreditSuisse and its employees played a significant role facilitating Edelman’s alleged criminal tax conspiracy”, Wyden, an Oregon Democrat, said in the letter sent Wednesday to UBS Chief Executive Officer Sergio Ermotti.
- SWI swissinfo.ch
https://www.swissinfo.ch/eng/banking-fintech/ubs-questioned-by-us-senator-over-350-million-tax-evasion-case/84930644
The indictment offers “substantial new evidence that #CreditSuisse and its employees played a significant role facilitating Edelman’s alleged criminal tax conspiracy”, Wyden, an Oregon Democrat, said in the letter sent Wednesday to UBS Chief Executive Officer Sergio Ermotti.
- SWI swissinfo.ch
https://www.swissinfo.ch/eng/banking-fintech/ubs-questioned-by-us-senator-over-350-million-tax-evasion-case/84930644
SWI swissinfo.ch
UBS questioned by US Senator over $350 million tax evasion case
%%excerpt%%
BREAKING NEWS 🚨
🔥 THE DOJ HAS INITIATED A CRIMINAL INVESTIGATION INTO BANKS WHICH COLLUDED TO UNWIND THEIR PORTION OF ARCHEGOS' TRADES per Bloomberg.
Speculation remains high that #UBS still maintains a vast amount of Archegos' swaps with a vast number of short positions against meme stocks like #Gamestop and #AMC Theatres as legacy costs from their acquisition of #CreditSuisse.
https://x.com/BossBlunts1/status/1836039148605497656
🔥 THE DOJ HAS INITIATED A CRIMINAL INVESTIGATION INTO BANKS WHICH COLLUDED TO UNWIND THEIR PORTION OF ARCHEGOS' TRADES per Bloomberg.
Speculation remains high that #UBS still maintains a vast amount of Archegos' swaps with a vast number of short positions against meme stocks like #Gamestop and #AMC Theatres as legacy costs from their acquisition of #CreditSuisse.
https://x.com/BossBlunts1/status/1836039148605497656
He was the man who managed the very wealthy clients, including many oligarchs. After more than 20 years at #CreditSuisse and most recently at #UBS, a new chapter begins for him.
He will remain on board until the end of October 2024, after which it’s over. Babak Dastmaltschi will #retire. This was announced internally at UBS on Friday and confirmed to finews.com upon request.
https://www.finews.com/news/english-news/64455-credit-suisse-ubs-babak-dastmaltschi
He will remain on board until the end of October 2024, after which it’s over. Babak Dastmaltschi will #retire. This was announced internally at UBS on Friday and confirmed to finews.com upon request.
https://www.finews.com/news/english-news/64455-credit-suisse-ubs-babak-dastmaltschi
finews.com
Dazzling Credit Suisse Veteran Steps Back
He was the man who managed the very wealthy clients, including many oligarchs. After more than 20 years at Credit Suisse and most recently at UBS, a new chapter begins for him.
Swiss regulator investigating #CreditSuisse's final months, report says | Reuters
https://www.reuters.com/business/finance/swiss-regulator-investigating-credit-suisses-final-months-report-says-2024-09-22/
https://www.reuters.com/business/finance/swiss-regulator-investigating-credit-suisses-final-months-report-says-2024-09-22/
Reuters
Swiss regulator investigating Credit Suisse's final months, report says
Swiss financial market regulator FINMA ordered an audit into Credit Suisse's handling of events leading to its demise in 2023, when the bank was acquired by its longtime rival UBS , Swiss newspaper SonntagsZeitung reported on Sunday.
Switzerland is said to order audit of #CreditSuisse’s final days (NYSE:#UBS) | Seeking Alpha
https://seekingalpha.com/news/4151766-switzerland-is-said-to-order-audit-of-credit-suisses-final-days
https://seekingalpha.com/news/4151766-switzerland-is-said-to-order-audit-of-credit-suisses-final-days
Seeking Alpha
Switzerland is said to order audit of Credit Suisse’s final days
Switzerland's FINMA orders audit of Credit Suisse's collapse and UBS acquisition.
#UBS Fights to Break Free from #CreditSuisse's Money Laundering Past
https://www.finews.com/news/english-news/64596-ubs-money-laundering-credit-suisse-process-bulgarian-mafia-financeplace-switzerland
https://www.finews.com/news/english-news/64596-ubs-money-laundering-credit-suisse-process-bulgarian-mafia-financeplace-switzerland
finews.com
UBS Fights to Break Free from Credit Suisse's Money Laundering Past
UBS has failed in its attempt to halt the appeal process concerning money laundering charges linked to the Bulgarian mafia, which is currently under review by the Swiss Federal Criminal Court in Bellinzona. The bank is now seeking to suspend the proceedings…
Ruling party Honorary Chair rejects US Embassy claims on financial dispute with Swiss bank #CreditSuisse #Georgia
https://agenda.ge/en/news/2024/40876
https://agenda.ge/en/news/2024/40876
agenda.ge
Ruling party Honorary Chair rejects US Embassy claims on financial dispute with Swiss bank
Bidzina Ivanishvili, the Honorary Chair and founder of the ruling Georgian Dream party, on Tuesday responded to a social media post from the United States Embassy in Tbilisi in which the diplomatic mission claimed the official “was aware” the issue of funds…
Sure coincidence #Lehmann #CreditSuisse 😂
Axel P. Lehmann, Former Group Executive Board Member of UBS and Ex-Chairman of Credit Suisse, Announced as Keynote Speaker at MetricStream GRC Summit 2024 in London | Business Wire
https://www.businesswire.com/news/home/20241003070326/en/Axel-P.-Lehmann-Former-Group-Executive-Board-Member-of-UBS-and-Ex-Chairman-of-Credit-Suisse-Announced-as-Keynote-Speaker-at-MetricStream-GRC-Summit-2024-in-London
Axel P. Lehmann, Former Group Executive Board Member of UBS and Ex-Chairman of Credit Suisse, Announced as Keynote Speaker at MetricStream GRC Summit 2024 in London | Business Wire
https://www.businesswire.com/news/home/20241003070326/en/Axel-P.-Lehmann-Former-Group-Executive-Board-Member-of-UBS-and-Ex-Chairman-of-Credit-Suisse-Announced-as-Keynote-Speaker-at-MetricStream-GRC-Summit-2024-in-London
BusinessWire
Axel P. Lehmann, Former Group Executive Board Member of UBS and Ex-Chairman of Credit Suisse, Announced as Keynote Speaker at MetricStream…
MetricStream, the global market leader in integrated risk management and Governance, Risk, and Compliance (GRC) solutions, announced today that Axel P
Softbank Says #CreditSuisse to Blame For Fund’s $440 Million #Greensill Loss
https://www.insurancejournal.com/news/international/2024/10/04/795772.htm
https://www.insurancejournal.com/news/international/2024/10/04/795772.htm
Insurance Journal
Softbank Says Credit Suisse to Blame For Fund’s $440 Million Greensill Loss
Softbank Group Corp., facing a $440 million lawsuit from Credit Suisse, said the bank was to blame for some of the investor losses tied to the collapse of
Grossbank #UBS becomes a stock market flop
Ermotti has yet to prove that he can turn #UBS into a success story
After a record profit last year, the bank suddenly fell behind. Can she make the merger with #CreditSuisse really successful?
Ermotti has yet to prove that he can turn #UBS into a success story
After a record profit last year, the bank suddenly fell behind. Can she make the merger with #CreditSuisse really successful?
#CreditSuisse
CS AT1 Lawsuit in the U.S.: Switzerland Granted Extension
According to media reports, a decision in the legal dispute concerning the worthless AT1 bonds of Credit Suisse against Switzerland in New York is not expected until next year.
https://www.finews.com/news/english-news/64838-credit-suisse-at1-klage-new-york-2
CS AT1 Lawsuit in the U.S.: Switzerland Granted Extension
According to media reports, a decision in the legal dispute concerning the worthless AT1 bonds of Credit Suisse against Switzerland in New York is not expected until next year.
https://www.finews.com/news/english-news/64838-credit-suisse-at1-klage-new-york-2
finews.com
CS AT1 Lawsuit in the U.S.: Switzerland Granted Extension
According to media reports, a decision in the legal dispute concerning the worthless AT1 bonds of Credit Suisse against Switzerland in New York is not expected until next year.
#CreditSuisse #UBS
Thiam, the ex-chief of Credit Suisse, apparently had an affair with the wife of the French businessman, who is now demanding compensation from Credit Suisse and UBS, respectively.😂😂
https://www.tagesanzeiger.ch/klage-gegen-cs-und-ubs-neue-vorwuerfe-gegen-tidjane-thiam-783591543914
Thiam, the ex-chief of Credit Suisse, apparently had an affair with the wife of the French businessman, who is now demanding compensation from Credit Suisse and UBS, respectively.😂😂
https://www.tagesanzeiger.ch/klage-gegen-cs-und-ubs-neue-vorwuerfe-gegen-tidjane-thiam-783591543914