Swiss banking giant UBS will purchase struggling rival Credit Suisse in a $3 billion government-supported deal. Switzerland’s central bank announced the takeover Sunday (March 19),...
Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...
Switzerland aims to identify and prosecute those behind a 2022 Credit Suisse data leak. Reuters reported Friday (Feb. 3) that the country’s federal prosecutors have launched criminal proceedings and...
Qatar’s sovereign wealth fund has increased its stake in Credit Suisse to 6.87%. The investment means that the Qatar Investment Authority (QIA) is now the...
Banks are set to undertake the largest wave of job cuts in 15 years amid declining revenues. Industry watchers told the Financial Times (FT) the...
Versana has launched an industry-backed syndicated loan platform. By digitally capturing agent banks’ deal data on a real-time basis, this centralized solution connects banks, institutional...
U.S. bank Citi is the latest investment bank to axe staff in Europe. Joining the likes of Deutsche Bank and Credit Suisse, Reuters reported earlier...
Curve has secured a $1 billion credit facility from Credit Suisse. The U.K.-based FinTech will use the money to fund its consumer lending product, Curve...
Credit Suisse will pay 238 million euros ($235 million) to settle a tax fraud and money laundering case in France. The agreement, announced by a...