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The head of Switzerland's financial regulator FINMA questioned Credit Suisse over risks in its dealings with now-insolvent finance firm Greensill Capital "months" before the bank was forced to close $10 billion of funds liked to Greensill, Swiss newspaper SonntagsZeitung...
Message : Required fields ZURICH (Reuters) - The head of Switzerland's financial regulator FINMA questioned Credit Suisse Group AG over risks in its dealings with now-insolvent finance firm Greensill Capital "months" before the bank was forced to close $10 billion of funds linked to Greensill, Swiss newspaper SonntagsZeitung reported on Sunday. Alongside formal discussions on a technical level between the bank and FINMA, the watchdog's head Mark Branson personally discussed the risks with outgoing Credit Suisse Chairman Urs Rohner and Chief Executive Thomas Gottstein during a meeting on a...
The head of Switzerland's financial regulator FINMA questioned Credit Suisse over risks in its dealings with now-insolvent finance firm Greensill Capital "months" before the bank was forced to close $10 billion of funds liked to Greensill, Swiss newspaper SonntagsZeitung...
Antonio Horta-Osorio can shrink the balance sheet, sell parts of the business or merge with UBS Group
Sunday, 11 April 2021 09:51 | Written by Katharina Bart Lawyers Settle Into Credit Suisse Wreckage Amid reported interest for Credit Suisse's troubled asset management arm, a coterie of securities lawyers are settling in on various sides. The blow-up of Credit Suisse's $10.1 billion range of supply chain funds is quickly becoming a legal matter: George Kintis of Britain's Alcimos said he is preparing a grouped claim for damages against Credit Suisse, «Sonntagsblick» (in German) reported. Alcimos, which describes itself as exploiting opportunities created by dislocations in...