Tue, Apr 04, 2023
Credit Suisse swooned from scandal to scandal in recent years: Bad bets on hedge funds; accusations of violating a US plea deal by failing to report secret offshore accounts held by wealthy Americans to avoid paying taxes; failing to do enough to prevent money laundering by a Bulgarian cocaine ring.
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Tue, Mar 21, 2023
As the bank mentioned about cost-cutting, the concern of job losses grew significantly as well. Swiss unions raised concern on Tuesday (March 21) about job losses, two days after UBS swept up Credit Suisse in a government-brokered rescue.
Mon, Mar 20, 2023
The root cause of the Credit Suisse crisis could be traced back to March 2021, when the bank announced that it would close and liquidate several investors funds, worth $10 billion, provided to another financial services company, Greensill Capital.
Sun, Mar 19, 2023
Credit Suisse has been making headlines recently due to a series of high-profile scandals and financial losses. The bank has been facing mounting pressure from investors and regulators following its involvement in several scandals. In this video, we will explain why the second biggest Swiss bank is on the verge of collapse.
Thu, Mar 16, 2023
Will banking crisis create trouble for IT companies? Know from Kushal Gupta in this video.
Credit Suisse — Switzerland's second-largest bank after UBS Group AG — plays an important role in international financial markets with operations across Europe and Asia and a substantial U.S. business.
Tech Mahindra has several projects with Wipro's Credit Suisse. How will the Credit Suisse crisis affect IT companies? Know from Kushal Gupta also know Ajay Bagga's opinion on Credit Suisse banking crisis.
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