Credit Suisse

First Boston, was a New York-based bulge bracket investment bank, founded in 1932 and acquired by Credit Suisse in 1990. Together with its sister investment banks, it was referred to as CS First Boston after 1993 and part of Credit Suisse First Boston after 1996. The First Boston part of the name was phased out by 2006.

First Boston

Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas. The Wealth Management division offers comprehensive wealth management and investment solutions, tailored financing, and advisory services to ultra-high-net-worth (UHNW) and high net-worth (HNW) individuals and external asset managers. The Investment Bank division offers a broad range of financial products and services focused on client-driven businesses and also supports Credit Suisse’s Wealth Management division and its clients. The Swiss Bank division offers comprehensive advice and a wide range of financial solutions to private, corporate, and institutional clients in Switzerland. The Asset Management division offers investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations, and individuals. The company was founded by Alfred Escher on July 5, 1856 and is headquartered in Zurich, Switzerland.

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UBS Group AG

UBS Group AG has been in active discussions with the Swiss government and its representatives to agree to detailed terms and negotiate a definitive loss protection agreement related to its deal to buy Credit Suisse , UBS disclosed in a regulatory filing.

UBS in discussion with Swiss government for a loss protection agreement from Credit Suisse buy

Credit Suisse senior managers will have their outstanding bonus payments for 2022 either cancelled or reduced following an order issued on Tuesday by the Swiss Finance Ministry.

Credit Suisse managers' 2022 bonuses cancelled or cut by Swiss government

Standard Chartered CEO Bill Winters on Tuesday said the sale of Credit Suisse to UBS was "surprising".

Standard Chartered CEO: Credit Suisse sale to UBS was 'surprising'

Vietnamese property giant No Va Land Investment Group Corp is in talks with creditors to restructure part of its $1 billion foreign debt, according to two people familiar with the matter, amid turmoil in one of the country's top industries.

Exclusive: Vietnam's No Va Land in talks with Credit Suisse, others to restructure debt -source

A bankruptcy credit event has not occurred in relation to Credit Suisse, a derivatives committee ruled on Monday, quashing efforts by investors to trigger a payout on credit insurance linked to the Swiss lender.

CDS panel says Credit Suisse bankruptcy event has not occurred

Credit Suisse Group AG (NYSE:CS) staff look set to become the latest group to sue Swiss regulator the Financial Market Supervisory Authority (Finma) over the bank's hasty takeover by UBS Group AG (NYSE:UBS) in March. Staff are looking to challenge the regulator over US$400mln worth of lost bonuses, which were linked to additional tier one (AT1) bonds rendered void under the US$3.2bn deal.

Credit Suisse lawsuits ramp up as staff look to sue over bonuses

The bonuses were lost after Switzerland's financial regulator rendered billions of the bank's debt worthless after it was rescued by rival UBS.

Credit Suisse Workers Gear Up To Sue Swiss Regulator Over $400 Million In Lost Bonuses, Report Says

Credit Suisse AG staff are making preparations to sue the Swiss financial regulator over $400 million of bonuses that were cancelled following the bank's rescue by UBS, the Financial Times reported on Monday.

Credit Suisse staff prepare to sue Swiss regulator over lost AT1 bonuses-FT

Credit Suisse came close to falling below minimum levels of cash held at the Swiss central bank days before its forced takeover by UBS , a regulatory document shows.

Credit Suisse neared its cash limits days before rescue, filing shows

An investor has raised a fresh question with the EMEA Credit Derivatives Determination Committee on whether a credit event occurred with regards to Credit Suisse, renewing a push to trigger payout on credit insurance linked to the Swiss lender.

Investor raises fresh question over credit insurance for Credit Suisse

The bank has a quandary after agreeing to buy local rival Credit Suisse: what to do with the latter's Swiss business.

UBS Faces Tough Choice Over Credit Suisse's Domestic Business

Qatar's sovereign wealth fund, Credit Suisse's second-largest investor, has explored seeking redress for losses incurred by the bank's takeover, two people familiar with the matter said, as legal challenges to Switzerland's state-backed rescue mount.

Exclusive: Qatar fund explored claims against Switzerland for Credit Suisse losses

A credit event has not occurred in relation to Credit Suisse Group , a committee that adjudicates on disputes in the credit default swaps market said on Wednesday in response to an investor question.

Credit event has not occurred in relation to Credit Suisse, derivatives committee says

UBS Group AG (NYSE:UBS) did not want to buy Credit Suisse Group AG (NYSE:CS) and was rushed into purchasing the failed bank for close to US$3.5bln, according to a regulatory document. The Swiss lender added it was given less than four days to complete due diligence, a filing to the US Securities and Exchange Commission revealed.

UBS says it was rushed into Credit Suisse deal

Credit Suisse's collapse and its takeover by UBS will be investigated by a parliamentary commission, Swiss media reported on Wednesday, citing the office of Switzerland's upper house of parliament.

Swiss parliament to launch investigation into Credit Suisse collapse - media

UBS says it will absorb costs related to litigation, regulatory matters and liability adjustments in emergency rescue

UBS to make $35bn in Credit Suisse takeover – but lose $17bn in rushed deal

UBS said it didn't want to acquire its rival and its inability to do thorough due diligence means it's possible it “agreed to a rescue that is considerably more difficult and risky than it had contemplated.”

UBS Braces To Lose Billions After Rushed Credit Suisse Rescue

UBS estimates a financial hit of around $17 billion from its emergency takeover of Credit Suisse, according to a regulatory filing.

UBS expects $17 billion hit from Credit Suisse rescue, flags hasty due diligence

The Swiss bank released new details about the acquisition's likely impact on its balance sheet.

UBS Plans for $4 Billion Legal Hit From Credit Suisse Deal

UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG in a deal it did not want, as a global bank crisis worsened the latter's finances and prompted authorities to take swift action, a regulatory filing showed.

UBS says it was rushed into unwanted Credit Suisse rescue merger

Credit Suisse Group AG faces certain restrictions in its ability to do business until its acquisition by rival UBS Group AG is completed, according to a regulatory filing on Tuesday.

Credit Suisse faces restrictions on business till deal closure

Swiss bank UBS Group AG said on Tuesday it estimated a "negative goodwill" of $34.8 billion from its acquisition of Credit Suisse.

UBS estimates $34.8 bln of 'negative goodwill' from Credit Suisse buy -filing

EU antitrust regulators are expected to give unconditional clearance to UBS' planned takeover of struggling fellow Swiss bank Credit Suisse following the end of its preliminary review, people familiar with the matter said on Tuesday.

Exclusive: EU antitrust regulators to okay UBS, Credit Suisse deal, sources say

Credit Suisse's Australian metals and mining team will join boutique local advisory firm Gresham, according to a source familiar with the matter, as the collapsed Swiss bank's takeover by rival UBS gathers pace.

Credit Suisse's Australian team to join boutique adviser Gresham - source

The Credit Derivatives Determinations Committee (DC) accepted on Friday to look into a question on whether a "governmental intervention credit event" occurred with respect to Credit Suisse.

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