Credit Suisse mess leaves scattered Swiss debris LJucca
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Credit Suisse suffered outflows of 61.2 billion Swiss francs in first quarterThe first-quarter result comes as the Zurich-based bank is being taken over by Swiss peer UBS as part of an emergency measure to shore up confidence in the...
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Markets are calm but volatility may soar as credit tightens, UBS saysMarkets are eerily calm after the banking chaos - but tightening credit and tumbling earnings could reignite volatility, UBS says
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UBS Christian Bluhm to continue as chief risk officerUBS said on Monday Christian Bluhm will continue as Group Chief Risk Officer for the 'foreseeable future' because of the Swiss bank's takeover of Credit Suisse .
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Credit Suisse saw $68 billion in first-quarter outflows as it crumbledCredit Suisse said on Monday 61 billion Swiss francs ($68 billion) left the bank in the first quarter, shedding light on the scale of the bank run that caused the 167-year-old institution to crumble and forced its state-engineered rescue.
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Credit Suisse saw $68 billion in first-quarter outflows as it crumbled By Reuters*CREDIT SUISSE SAW $68 BILLION IN FIRST-QUARTER OUTFLOWS AS IT CRUMBLED $CS
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Credit Suisse Details Painful Final Days Before RescueThe Swiss bank gave a glimpse of its chaotic final weeks before a rescue by UBS in a first-quarter earnings report that showed revenue diving and customers rushing to pull deposits.
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