Global Banking Monitor

Saturday, April 27, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: suisse’s

Finma Advocates for Increased Powers Following Credit Suisse’s Collapse

Credit Suisse came near collapse months before its eventual bailout, the Swiss Financial Market Supervisory Authority said Tuesday, according to Reuters. Finma, which has faced...

Credit Suisse’s Downfall Unfolds Amidst Plans for Nationalization Through a $57.6 Billion Injection

About six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss central bank wanted to...

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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