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Dario Item and the AT1 Bond Wipeout: Inside the Credit Suisse Collapse
The 2023 Credit Suisse AT1 bond wipeout that erased $17.3bn is still sparking global lawsuits, regulatory battles, and investor outrage, with Dr Dario Item publishing key disclosures.
Daniel Brooks Aug 29, 2025
UK Finance Worker Steals £75,000 From Dead Clients To Fund Gambling Addiction And Lavish Lifestyle
Casagrande wasn't charged with the financial fraud until after he'd been sent to prison and subsequently released for the drug charges.
Callum Conway-Shaw Aug 03, 2024
Investor concerns revealed following collapse of SVB and Credit Suisse
Following the failure of the Silicon Valley Bank (SVB) and Credit Suisse earlier this year, new research has revealed concerns among investors.
Jake Pike Jun 13, 2023
JP Morgan leads the pack as good news in the banking sector improves general economic outlook
Whilst the economic outlook is still uncertain after the March collapse of Silicon Valley Bank and near-collapse of Credit Suisse, recent results bring good news.
Mehar Sultan Apr 17, 2023
Credit Suisse class action could force banks to clean up their act, says finance expert
Finance expert Tom Davey says that the class actions against investment bank Credit Suisse send a strong message that companies must clean up their act.
Callum Conway-Shaw Apr 17, 2023
Bank of England and Federal Reserve claim banking systems are secure
The Bank of England and the US Federal Reserve have claimed the safety and strength of banking systems ahead of key decisions on interest rates.
Jake Pike Mar 22, 2023
Credit Suisse's buyout by Swiss-rival UBS results in further panic throughout global banking system
Hargreaves Lansdown's Susannah Streeter has spoken on UBS's $3.23 billion purchase of Credit Suisse with the latter having been saved by its domestic rival.
Ziyad Jamal Mar 20, 2023
Credit Suisse charts the evolution of artificial intelligence and investing
The distribution of AI-enabled research is seen across three classes of adopters: advanced trading, competitive data scientists and master data scientists.
Ian Allison Nov 27, 2017
Swiss bankers dismiss 'overtly pessimistic' UK finance job loss scenarios post-Brexit
Anecdotal evidence given to IBTimes UK in Zurich suggests the country's banks are actually looking to hire more employees in London.
Gaurav Sharma Nov 03, 2017
Security guards who staged fake robbery to steal £7m in 'Heathrow Heist' get 20 years' jail
Loomis security guards Mohammad Siddique, 32, and Ranjeev Singh, 40, claimed they had been robbed after picking up the money for Credit Suisse at Heathrow Terminal 4.
William Watkinson Oct 19, 2017
People hoping for $70-80 oil price living in 'fantasy land', says top financier
Standard Chartered's Peter Gaw says industry should get real and accept an era of low prices.
Gaurav Sharma Jul 10, 2017
R3's Smart Contract Templates Summit: Time is right to start on standards
IBTimes UK speaks to Todd McDonald of R3, Clive Ansell of ISDA, Lee Braine of Barclays, Emmanuel Aidoo of Credit Suisse, and Daniel Franks of Norton Rose Fulbright.
Ian Allison Jun 15, 2017
Credit Suisse to cut 1,500 jobs in London due to mounting costs
The job cuts are part of restructuring drive that got underway at the bank in 2015.
Karthick Arvinth Jun 09, 2017
Credit Suisse plans to raise £3bn in funds as company returns to profit
Chief of the Board of Directors says the share would 'result in significant value creation for shareholders'.
Pramod Sharma Apr 26, 2017
Citigroup and Credit Suisse confirm plans to shift some operations out of UK
Senior executives from both companies said that they would move certain businesses to other countries in Europe.
Kedar Grandhi Jan 25, 2017
Credit Suisse and Deutsche Bank reach $12bn agreement with US DoJ over sale of toxic debts
German and Swiss lenders agree to settlement with US authorities - but Barclays insist it will defend the case.
Dan Cancian Dec 23, 2016
UK household wealth declines by $1.5tn amid Brexit says Credit Suisse
The number of people in the UK who have $1m or more has reduced by around 15%.
Kedar Grandhi Nov 22, 2016
Symbiont, Credit Suisse and R3 come together for syndicated loans proof of concept
Symbiont and financial services technology and data partner Ipreo created Synaps Loans LLC.
Ian Allison Sep 27, 2016
EU referendum: Credit Suisse to cut FTSE 100 year-end target by 6% in the event of a Brexit
Swiss lender warns it will cut its year-end targets on FTSE 100, Euro Stoxx 50 and S&P 500 if UK leaves EU.
Dan Cancian Jun 22, 2016
EU referendum: 'Remain' vote could still trigger political instability in the UK
Citi expects 'Remain' to win 60% of votes but warns of political instability in case of smaller margin.
Dan Cancian Jun 22, 2016
Fears return Chinese debt is growing faster than the economy
Analysts say economy has reverted to old growth format of being credit-driven and investment-intensive.
Rachel Middleton Apr 07, 2016
Panama Papers: HSBC and Credit Suisse deny allegations in Mossack Fonseca leaks
Banks are named in the Panama Papers but claim they have never sought to help customers avoid paying taxes.
Dan Cancian Apr 05, 2016
Credit Suisse to cut further 2,000 jobs in investment division as part of restructuring plan
Swiss lender is to cut an extra 2,000 jobs and £578.5m by 2018 in its Global Markets business
Dan Cancian Mar 23, 2016
Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession
Market volatility and increased stress in the banking sector are worrying signs of deterioration in Europe.
Kedar Grandhi Mar 03, 2016
Malaysia's central bank chief Zeti Akhtar Aziz to step down in April as 1MDB scandal gathers pace
Her decision is likely to hamper the investigation into state fund 1MDB say analysts
Rachel Middleton Feb 19, 2016
Credit Suisse poised to cut 200 jobs at its London office
Barclays, HSBC and Deutsche Bank also recently announced job redundancy plans.
Kedar Grandhi Feb 18, 2016
European banking sector records worst performance since 2008 amid global turmoil
Stoxx Europe 600 Banks Index has fallen for six consecutive weeks for the first time since May 2008.
Dan Cancian Feb 08, 2016
Credit Suisse to axe 4,000 jobs as Swiss bank reports first full-year loss since 2008
The bank completed CHF1.2bn (£817.7m) in cost savings,a third of the CHF3.5bn spending cuts promised by 2018.
Bauke Schram Feb 04, 2016
Barclays and Credit Suisse pay $154.3m to US regulators over dark pool trading allegations
Barclays will pay a fine of $70m split equally to the US SEC and the New York attorney general.
Kedar Grandhi Feb 01, 2016
World Bank and Credit Suisse slash oil price forecast for 2016
HSBC too recently cut its crude oil price forecast for the next three years, over a prolonged supply glut.
Kedar Grandhi Jan 27, 2016
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