Eric Varvel News Today

(Bloomberg) -- Switzerland’s financial regulator is investigating Thomas Gottstein, the former CEO of Credit Suisse, for his role in the implosion of a $10 billion group of funds linked to disgraced financier Lex Greensill, according to a report published in SonntagsBlick. Most Read from BloombergIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnFrench Riots Begin to Abate Even as Economic Costs MountTesla, BYD Post Record Sales on Demand for Electric VehiclesSingapore...

Swiss financial regulator reportedly investigates ex-Credit Suisse CEO Thomas Gottstein for his role in the implosion of a $10 billion group of funds linked to financier Lex Greensill.

An ex-Goldman Sachs VP who liked to party came unstuck.

Bondholders who suffered from Credit Suisse's downfall filed a lawsuit against the Swiss bank's executives, claiming a toxic work culture in the NY offices were the catalyst to the bank's demise.

UBS Group AG agreed to take over Credit Suisse in an emergency government-backed deal in March, after the bank was hit by mounting client withdrawals.

Credit Suisse executives say it's too early to talk about job cuts. It announced plans to eliminate 9,000 positions late last year.

Credit Suisse Group is looking for a new chief executive officer to run its U.S. holding company as the Swiss bank seeks to build out its business in the country following a series of setbacks.

/PRNewswire/ -- Giddy, a mobile app that enables mainstream DeFi adoption, has announced that it has raised $8M in seed funding. The round was led by Pelion...

/PRNewswire/ -- Giddy, a mobile app that enables mainstream DeFi adoption, has announced that it has raised $8M in seed funding. The round was led by Pelion...

The Credit Suisse bank has fired the managers overseeing a multi-billion-dollar strategy linked to funds of the failed Greensill Capital.