More than $68 billion had been withdrawn from Credit Suisse in the first three months of 2023, the bank said Monday in what are likely its final quarterly results before it is swallowed by rival UBS. Credit Suisse said the "significant net asset outflows" were particularly heavy in the second half of March, as it was engulfed by panic prior …
New Delhi: The historic takeover of beleaguered Credit Suisse by rival UBS threatens to spark another crisis: a job problem for around 5,000 employees in the UK. Reuters quoted Stephane Rambosson, co-founder of Vici Advisory which specialises in hiring senior investment bankers, as telling the agency, “Many Credit Suisse bankers had already been talking to a lot of people for …
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