Credit Suisse said on Monday that 61 billion Swiss francs (US$68 billion) in assets left the bank in the first quarter and that outflows were continuing,...
The chairman of Credit Suisse apologized Tuesday to shareholders for failures of the once-venerable bank and acknowledged the shock and anger felt as the troubled Swiss...
Financial markets can’t seem to shake off the jitters sparked by the spectacular collapse of Silicon Valley Bank (SVB), the biggest American bank to fall since 2008,...
Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price. But...
The European Central Bank is ready to “respond as necessary” to maintain stability in the eurozone, President Christine Lagarde has pledged amid persistent market turmoil across...
The collapse of Silicon Valley Bank and the ensuing fallout impacting financial institutions in the United States and Europe this week is adding to the sense...
Credit Suisse executives will hold meetings over the weekend to chart a path forward for the ailing Swiss bank, people familiar with the matter said, after...
The collapse of the Silicon Valley Bank appears to be having a “limited” impact on the European Union but authorities should “stay alert” to the dramatic...