Credit Suisse

Credit Suisse is an investment bank and financial services company founded in Switzerland. As of 2022, the bank has over 50,000 employees and 3,500 relationship managers globally. It is reportedly known for its strict bank–client confidentiality and banking secrecy. 

SMBC appoints ex-Credit Suisse China CEO as new APAC managing director

Carsten Stoehr will join SMBC on 19 February after 25 years in Credit Suisse.

Bank of Singapore names Credit Suisse HK chief exec as new GC private banking head

Rickie Chan was also Credit Suisse’s head of global wealth management for Greater China.

HSBC taps 8 ex-Credit Suisse bankers for equities business: report

Appointments were for Hong Kong, London, New York, and Mumbai.

Credit Suisse to pay $1.013b to Georgian billionaire Bidzina Ivanishvili: SG court

The found that Credit Suisse failed to secure trust assets of Ivanishvili. 

UBS, Credit Suisse SG operations "uninterrupted" post-acquisition: MAS

Both banks will operate on separate licences in Singapore.

UBS to finalise Credit Suisse acquisition by 12 June

After the acquisition, Credit Suisse and American Depositary Shares will be removed from SIX and NYSE.

UBS appoints new CFO following Credit Suisse’s takeover

Todd Tuckner will take on the CFO post at the close of the acquisition.

Weekly Global News Wrap: UBS to retain only few Credit Suisse senior bankers; open banking to increase liquidity risk

And the UK must make it easier for banking staff to work remotely, says industry body. 

UBS’ takeover of Credit Suisse ‘insignificant’ to HK’s banking sector: HKMA

The total assets of Credit Suisse’s HK branch represent less than 0.5% of the local banking sector's.

No interruptions in Credit Suisse operations in Singapore: MAS

MAS said UBS’ takeover of Credit Suisse will not impact SG’s banking system.

UBS buys Credit Suisse in “emergency rescue”

The $3.2b acquisition has the full support of Swiss financial regulators, UBS said.