Swiss regulator investigating Credit Suisse's final months, report says
Swiss financial market regulator FINMA ordered an audit into Credit Suisse's handling of events leading to its demise in 2023, when the bank was acquired by its longtime rival UBS , Swiss newspaper SonntagsZeitung reported on Sunday.
Switzerland is said to order audit of Credit Suisse’s final days
Switzerland’s financial-markets regulator ordered an audit of Credit Suisse’s actions that led to its collapse in March 2023, Swiss newspaper SonntagsZeitung reported on Sunday. The bank was acquired that month by longtime rival UBS (NYSE:UBS) for a knockdown price of $3.
Swiss regulator probes Credit Suisse's final months before UBS takeover
The investigation focuses on the 15-month period prior to the state-orchestrated merger with UBS in March last year
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FINMA Investigating Credit Suisse's Final Months
Swiss financial market regulator FINMA is investigating the final 15 months of Credit Suisse as an independent bank and its rescue by
Credit Suisse Takeover Is Focus of Swiss Regulator’s Probe, Paper Says
Switzerland’s banking regulator is investigating the final 15 months of Credit Suisse as an independent bank and its rescue by UBS Group AG, according to SonntagsZeitung.
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Swiss regulator investigating Credit Suisse's final months: report
According to the paper, FINMA is looking at the 15 months prior to the state-orchestrated merger in March last year, for which purpose it said close to a dozen current or former employees of the two b ...
UBS ahead of schedule on cost savings, CEO says
Swiss bank UBS is running around six months ahead of schedule in its cost savings efforts and its integration of Credit ...