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The Latest Breaking News from Suisse

Tour de Suisse stage 6: João Almeida wins dramatically weather-shortened mountain stage

Almeida's teammate and race leader Adam Yates finishes second and Skjelmose in third ahead of final stages

Cycling News

2024 Tour de Suisse – Analysing the contenders

Skjelmose defends his title against rivals including Bernal, Martinez, Carapaz and more in Switzerland

Cycling News

Biniam Girmay: Our goal at the Tour de France is to win one stage

Eritrean takes confidence from Tour de Suisse win as he makes Tour debut

Cycling News

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‘It might be quite hard to top Alpe d'Huez’ – Tom Pidcock and the difficult second Tour de France

Briton eyes opening stage in a different kind of race for Ineos

Cycling News

As it happened: Tour de Suisse stage 5: Juan Ayuso solos to victory

Skjelmose returns to overall lead, Evenepoel loses time

Cycling News

Preview: Five questions for the 2023 Tour de Suisse

The key issues as Evenepoel and Van Aert face off in Switzerland

Cycling News

Swiss president says Credit Suisse rescue averted catastrophe

Bern (Switzerland) (AFP) - Swiss President Alain Berset told lawmakers Tuesday that letting banking giant Credit Suisse collapse would have triggered a catastrophe, as he defended the orchestrated takeover by UBS.

AFP

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Credit Suisse concealed more than $700 mn from US govt: Senate

Washington (AFP) - Embattled Swiss banking giant Credit Suisse has failed to disclose more than $700 million in previously undeclared accounts since 2014, in violation of a plea deal with the US Department of Justice, a Senate committee said Wednesday.

AFP

Crunch weekend for crisis-hit Credit Suisse

Zurich (AFP) - Troubled Credit Suisse has two days to reassure before the markets open Monday with the spectre of a new turbulent week in global finance looming.

AFP

Credit Suisse: what is happening at Swiss bank and should we be worried?

Plunge in bank’s share price adds to fears over weaknesses in banking sector following collapse of SVB

The Guardian - UK

Credit Suisse Hit by Another Scandal

A rogue employee left the bank with sensitive data of employees, including social security number and home addresses.

The Street

Struggling Credit Suisse Hit by New Scandal

A rogue employee left the bank with sensitive data of employees, including social security number and home addresses.

The Street

Credit Suisse shares sink after biggest loss since 2008 financial crisis

Geneva (AFP) - Credit Suisse stocks plunged nearly 15 percent on Thursday as the scandal-plagued Swiss banking giant posted its biggest annual loss since the 2008 financial crisis -- and warned it expects to stay in the red in 2023.

AFP

Credit Suisse axes top bosses’ bonuses after biggest loss since financial crisis

Swiss bank is cutting 9,000 jobs in restructuring programme after series of scandals

The Guardian - UK

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The Street

Credit Suisse Keeps Sinking

The second Swiss bank revives fears about its solvency yet again.

AFP

Embattled Credit Suisse expects Q4 pre-tax loss

Zurich (AFP) - Credit Suisse predicted a surprise fourth-quarter pre-tax loss of up to $1.6 billion as the beleaguered bank undertakes a radical overhaul, sending stocks tumbling again on Wednesday.

AFP

Credit Suisse expects Q4 pre-tax loss of $1.6 bn

Zurich (AFP) - Credit Suisse predicted a surprise fourth-quarter pre-tax loss of up to $1.6 billion as the beleaguered bank undertakes a radical overhaul, sending stocks tumbling again on Wednesday.

The Street

Struggling Credit Suisse Unveils Emergency Plan

The No. 2 Swiss bank will cut up to 9,000 jobs by 2025 and raise $4 billion in capital, including from Saudi Arabia.

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The Guardian - UK

Credit Suisse to cut 9,000 jobs and seek billions in new investment

Shake-up aims to draw line under series of scandals and new £3.5bn loss at Swiss bank

Asharq Al-Awsat

Credit Suisse Launches Radical Overhaul to Stabilize Bank

Credit Suisse announced a radical series of measures Thursday aimed at turning around the beleaguered bank following huge third quarter losses, including revamping its investment banking unit, 9,000 job layoffs and raising fresh capital. Switzerland's second-biggest bank launched a strategic review aimed at putting an end to a series of…

AFP

Credit Suisse launches radical overhaul to stabilise bank

Zurich (AFP) - Credit Suisse unveiled radical measures Thursday aimed at turning around the beleaguered bank following huge third quarter losses, including revamping its investment banking, slashing 9,000 jobs and a capital injection from the Saudi National Bank.

AFP

Credit Suisse chief unveils master plan to fix bank's woes

Zurich (AFP) - New Credit Suisse chief executive Ulrich Koerner is set to unveil his strategic master plan on Thursday, aimed at turning around the beleaguered bank following a string of scandals.

AFP

Credit Suisse banking on restructure revamp

Zurich (AFP) - New Credit Suisse chief executive Ulrich Koerner, faced with trying to turn around the beleaguered bank following multiple scandals, is set to unveil his strategic road map on Thursday.

The Street

Stocks Higher, Musk and Twitter, Credit Suisse, Tik Tok and OPEC Response - Five Things To Know

Stock futures are higher ahead of the release of key September jobs data; Musk gets a slightly more time from a judge to close a deal with Twitter; Credit Suisse buys back $3 billion of its stock, Tik Tok operating losses more than triple, and the U.S. weighs a response…

The Guardian - UK

Credit Suisse puts Zurich hotel up for sale in urgent liquidity dash

Ailing Swiss bank’s share price has collapsed after being hit by series of crises

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