Tag: CreditSuisse
The ECB is concerned about these risks for the financial system
Frankfurt The bankruptcy of the Silicon Valley Bank in the USA and the problems of the major Swiss bank Credit Suisse have fueled fears of a new global financial crisis.…
The new head of the supervisory board wants to maintain independence.
Frankfurt Manfred Knof cheers like a soccer player after the decisive goal in the World Cup final when he rings the bell at the Frankfurt Stock Exchange on February 27th.…
DZ Bank collects 1.1 billion euros with AT1 bond
Headquarters of DZ Bank in Frankfurt’s Westend Tower The leading cooperative institute collects more money than originally planned with an equity-like loan. (Photo: dpa) Frankfurt There has been a lot…
DZ Bank collects 1.1 billion euros with AT1 bond
Headquarters of DZ Bank in Frankfurt’s Westend Tower The leading cooperative institute collects more money than originally planned with an equity-like loan. (Photo: dpa) Frankfurt There has been a lot…
Employees are probably considering a lawsuit against the Finma supervisory authority
Credit Suisse logo The troubled bank was taken over by UBS in March. (Photo: Reuters) Zurich A number of senior Credit Suisse managers are opposed to the removal of bonus…
ECB monitors banks’ liquidity – Stricter measures are conceivable
Frankfurt banking district Supervisors are likely to divide banks into different groups depending on how vulnerable their business models are to cash outflows. (Photo: dpa) Frankfurt The European Central Bank…
China’s tourists stay away – this is how Europe’s holiday regions react
Chinese tourists in Paris Sales with Chinese tourists are far from reaching the pre-crisis level. (Photo: Reuters) Zurich, Athens, Madrid, Stockholm, Paris Whether Paris, Athens or Lucerne: it is a…
Contradictions in Finma’s disposal give investors hope
CreditSuisse As part of the emergency merger with UBS, the Swiss financial regulator Finma had Credit Suisse’s so-called AT1 bonds written off worthless. (Photo: imago images/Geisser) The Swiss financial regulator…
Stress in the banking market not yet over
Frankfurt Mark Branson “Stress phases often develop in spurts,” says the President of Bafin. (Photo: dpa) After the bankruptcy of several US banks and the emergency sale of Credit Suisse,…
Ermotti brings five new managers to the board
UBS and Credit Suisse buildings in Zurich Zurich UBS boss Sergio Ermotti forms his management team for the time after the takeover of Credit Suisse. To this end, he has…
Ermotti brings five new managers to the board
UBS and Credit Suisse buildings in Zurich Zurich UBS boss Sergio Ermotti forms his management team for the time after the takeover of Credit Suisse. To this end, he has…
After the takeover, UBS and Credit Suisse will initially remain separate institutions
UBS and Credit Suisse buildings in Zurich Zurich After taking over its former rival Credit Suisse, the major Swiss bank UBS initially wants to operate the business of both institutes…
von Roeder comes, Kuhnert goes
Frankfurt Only last Thursday did Helene von Roeder announce her imminent departure from the real estate group Vonovia. It is now clear where the Chief Digital Officer (CTO) is headed:…
Feri-CIO Rapp sees connection to bank failures
financial data The recent crises have followed one another at an ever faster pace – a warning sign? (Photo: mauritius images / Dmytro Olegovich Zakharchuk / Alamy) Frankfurt Is there…
Former ING board member becomes chief advisor at Teneo
Joachim von Schorlemer The manager has made a name for himself in the industry over a period of more than 40 years. (Photo: Bert Bostelmann for Handelsblatt) new York New…
“We cannot rescue banks ourselves in an emergency”
Daniel Risch Risch considers the risk of a banking crisis to be low. (Photo: Principality of Liechtenstein) Vaduz In the event of a crisis, Liechtenstein would not be able to…
“We cannot rescue banks ourselves in an emergency”
Daniel Risch Risch considers the risk of a banking crisis to be low. (Photo: Principality of Liechtenstein) Vaduz In the event of a crisis, Liechtenstein would not be able to…
Branded companies are off to a good start – but worries remain
Dusseldorf The increase in sales is surprising: Persil and Pril manufacturer Henkel increased its sales by 6.4 percent in the first quarter – and thus significantly more than analysts had…
Gold: Crisis currency rises to record level
gold rate Investors resort to gold as a crisis currency. (Photo: dpa) Zurich, Dusseldorf The price of gold rose to its highest level since August 2020 on Thursday night. According…
Dax breaks the 16,000 point mark
Frankfurt It took a few attempts, but now it’s done: Germany’s most important stock market index, the Dax, exceeded the 16,000 point mark on Monday morning for the first time…