Switzerland's Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group, the office of the attorney general said on Sunday.

Swiss banking giant receives $10bn in orders for debt.

New Credit Suisse chief executive Ulrich Koerner, faced with trying to turn around the beleaguered bank following multiple scandals, is set to unveil his strategic road map on Thursday.

The jobs cull at Credit Suisse is not over - say sources - as the bank is set to axe some of its top directors next month.

Credit Suisse and Nomura Securities have set new price targets and recommendations for HSBC Holdings as the global banking and financial services Group is scheduled to release its preliminary earnings for the year ended December 31. 2011, on Monday, February 27, 2012.

The catalogue of troubles began with the 2021 collapse of Greensill, a British financial firm specialised in short-term corporate loans via a complex and opaque business model.

Swiss regulators have rebuked Credit Suisse for "serious" failings in its handling of a multi-billion business with now defunct financier Greensill, the third such public censure in two years.

Swiss lender is to cut an extra 2,000 jobs and £578.5m by 2018 in its Global Markets business

Swiss bank has a multi-billion euro cost cutting plan

UBS's emergency takeover of its troubled Swiss rival Credit Suisse, with significant backing and arm-twisting from Bern, sparked fears Monday it could weaken the country's biggest bank and financial sector as a whole.

Credit Suisse has hired Deutsche Bank's Dixit Joshi as chief financial officer and promoted Francesca McDonagh to chief operating officer as the Swiss lender's new boss overhauls the top ranks.

Credit Suisse's CEO testifies that a small group of its private bankers helped Americans conceal wealth, hitting back at allegations the Swiss bank was a willing accomplice in U.S. tax evasion.

While axing investment banking jobs Credit Suisse is also paring back security in line with cost cutting measures

Credit Suisse reveals plan of attack on cutting costs and boosting capital in its second quarter 2012 earnings report.

The Swiss giant has agreed to pay a $2.6bn as it becomes the first bank to plead guilty to criminal charges in the US for decades.

Bank recently received letter from Federal Reserve, known as 'Matters Requiring Immediate Attention'.

European bank bonds slumped on Monday following the state-backed rescue of Credit Suisse by UBS as a wipeout of some bondholders raised concerns around broader bank capital and also hammered bank shares.

Asian stocks steadied and U.S futures rose on Monday in relief at a weekend rescue deal for Credit Suisse and a concerted effort from central banks to shore up the mood, though trade was tense and volatile as contagion fears stalked financial shares.

Moves by authorities to avert a global banking crisis appeared to have lifted market confidence on Monday as investors welcomed emergency dollar liquidity from top central banks and a historic Swiss-backed acquisition of troubled Credit Suisse by UBS Group.

Credit Suisse shares jumped over 20% on Thursday after the company secured a lifeline from the Swiss central bank to shore up investor confidence, though some analysts said the market relief could be shortlived.