Global Banking Monitor

Saturday, December 2, 2023

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently...

Tag: suisse’s

SNB Stands Firm on Rate Increase, Denies Responsibility for Credit Suisse’s Downfall

Swiss National Bank Chairman Thomas Jordan on Wednesday defended recent interest rate hikes to tackle inflation, saying they were neither damaging for Swiss financial...

UBS Chairman Foresees Rise in Customer Balances After Credit Suisse’s Rescue

UBS (UBSG.S) has been a net gainer in customer balances following its rescue of Credit Suisse (CSGN.S), Chairman Colm Kelleher said on Wednesday, citing...

Switzerland Lowers Bonus Payouts for Credit Suisse’s Senior Management

Switzerland has instructed Credit Suisse (CSGN.S) to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether...

Hong Kong’s wealthy targeted by UBS bankers during Credit Suisse’s subdued summit

For the twin giants of Swiss banking, it was a tale of two very different events in Hong Kong this week. UBS Group AG hosted...

Switzerland’s wealth management leadership at risk due to Credit Suisse’s collapse, according to analysis

The fall of Credit Suisse (CSGN.S) has dealt a serious blow to Switzerland's credentials as the world's leading wealth management centre, experts warn, calling...

Credit Suisse’s $17 Billion Loss Leaves Bondholders in Europe Unhappy

One section of Credit Suisse’s bondholders is set to be wiped out following the struggling bank’s takeover by UBS, causing them to see investments...

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