Credit Suisse

Global M&A Volumes Drop by 48% in First Quarter
Global M&A Volumes Drop by 48% in First Quarter
March 31, 2023  |  Acquisitions

Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the...

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Credit Suisse, UBS and US Banks Reportedly Face DOJ Investigation
Credit Suisse, UBS and US Banks Reportedly Face DOJ Investigation
March 24, 2023  |  Banking

Credit Suisse, UBS and some U.S. banks are reportedly being investigated. Individuals at the two Swiss banks and the unspecified major U.S. banks were recently...

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Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
March 23, 2023  |  Real-Time Payments

European real-time payments have seen historic growth in recent years. In fact, some European countries like the U.K., Sweden and Finland have even gone a...

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UBS Will Pay $3 Billion for Credit Suisse
UBS Will Pay $3 Billion for Credit Suisse
March 19, 2023  |  Banking

Swiss banking giant UBS will purchase struggling rival Credit Suisse in a $3 billion government-supported deal. Switzerland’s central bank announced the takeover Sunday (March 19),...

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Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
February 14, 2023  |  Payment Methods

Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...

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Swiss Prosecutors Looking Into 2022 Credit Suisse Data Leak
Swiss Prosecutors Looking Into 2022 Credit Suisse Data Leak
February 03, 2023  |  Security & Fraud

Switzerland aims to identify and prosecute those behind a 2022 Credit Suisse data leak. Reuters reported Friday (Feb. 3) that the country’s federal prosecutors have launched criminal proceedings and...

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Qatar Investment Authority Increases Holding in Credit Suisse
Qatar Investment Authority Increases Holding in Credit Suisse
January 24, 2023  |  Investments

Qatar’s sovereign wealth fund has increased its stake in Credit Suisse to 6.87%. The investment means that the Qatar Investment Authority (QIA) is now the...

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Banks Trim Pandemic-Fueled Headcount
Banks Trim Pandemic-Fueled Headcount
January 22, 2023  |  Personnel

Banks are set to undertake the largest wave of job cuts in 15 years amid declining revenues. Industry watchers told the Financial Times (FT) the...

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Versana Launches Syndicated Loan Platform
Versana Launches Syndicated Loan Platform
December 13, 2022  |  Loans

Versana has launched an industry-backed syndicated loan platform. By digitally capturing agent banks’ deal data on a real-time basis, this centralized solution connects banks, institutional...

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