Credit Suisse

SoftBank Extracts $700M From Credit Suisse Trade Finance Funds
SoftBank Extracts $700M From Credit Suisse Trade Finance Funds
July 22, 2020  |  B2B Payments

Japan’s SoftBank has removed around $700 million from investments at Credit Suisse after the Swiss bank began an inquiry over whether the funds were going...

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Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
June 24, 2020  |  Investments

Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund,...

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Credit Suisse CEO Resigns After Spying Fiasco
Credit Suisse CEO Resigns After Spying Fiasco
February 07, 2020  |  Banking

The CEO at the bank Credit Suisse has stepped down after a scandal involving corporate spying, according to a report by CNBC. CEO Tidjane Thiam...

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No More Free Lunch For Swiss Bank Account Customers
No More Free Lunch For Swiss Bank Account Customers
October 18, 2019  |  Banking

Swiss banks are going to start charging their millionaire customers to store money, according to a report by CNN. On Friday (Oct. 18), the bank...

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Credit Suisse To Invest Hundreds Of Millions In Digital Banking
Credit Suisse To Invest Hundreds Of Millions In Digital Banking
August 26, 2019  |  Banking

Swiss bank Credit Suisse said it plans to invest heavily into its digital ecosystem, and that it doesn’t think it’s necessary to have a large...

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OTT Pay Teams With Canada’s Wonderland; Citcon Raises $5M In Series B Funding
OTT Pay Teams With Canada’s Wonderland; Citcon Raises $5M In Series B Funding
April 17, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes OTT Pay’s tie-up with Canada‘s Wonderland to offer new mobile payment...

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Online Lending Site Launched By PM Now Biggest In India
Online Lending Site Launched By PM Now Biggest In India
March 04, 2019  |  B2B Payments

An online loan site, launched in November by Prime Minister of India Narendra Modi, is now the largest online lending platform in the country. The...

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Credit Suisse, UBS Accused Of Blocking Apple Pay, Samsung Pay
Credit Suisse, UBS Accused Of Blocking Apple Pay, Samsung Pay
November 15, 2018  |  Bank Regulation

Credit Suisse, UBS, and several other financial companies are in the crosshairs of regulators in Switzerland which launched an investigation into them. According to a...

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Diebold Nixdorf Considers A Sale
Diebold Nixdorf Considers A Sale
August 14, 2018  |  Partnerships / Acquisitions

ATM servicer and software provider Diebold Nixdorf has hired financial advisors as it considers a sale. According to CNBC, sources revealed that “Diebold hired Credit...

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