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The Latest Breaking News from Ulrich Körner

Head of Credit Suisse's Saudi investor who sparked a stock panic quits for ‘personal reasons’

The Saudi National Bank torpedoed its own $1.6 billion investment after its ill chosen words obliterated any remaining confidence in the Swiss lender.

Fortune · Mar 27, 2023

Head of Credit Suisse talks of his profound sadness over UBS takeover

Ulrich Körner acknowledges an ‘emotional and challenging week’ after emergency deal was forced through by Swiss authorities

The Guardian - UK · Mar 24, 2023

Why a TV interview led to a day of chaos for Credit Suisse

Credit Suisse has struggled with scandals, a string of CEOs, and customer outflows.

Fortune · Mar 16, 2023

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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 · Feb 9, 2023

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

The Guardian - UK · Oct 27, 2022

Why Credit Suisse is battling rumours of a Lehman-style crash

Swiss bank’s plummeting share price has invited comparisons to the onset of the 2008 global financial crisis.

Al Jazeera · Oct 5, 2022

Cost of insuring against Credit Suisse defaulting reaches record high

Investors rush to buy credit default swaps as worries grow over solidity of bank’s balance sheet

The Guardian - UK · Oct 3, 2022

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As Credit Suisse's Credit Default Swaps Spike To Near 2008 Levels, Rumors Of Lehman-Like Collapse Floated, Bank Steps In To Allay Concerns

Talks of trouble brewing at Swiss investment bank Credit Suisse (NYSE: CS) gained ground over the weekend, with Twitterati beginning to raise the specter of a Lehman-like collapse.

Benzinga · Oct 2, 2022

Credit Suisse chief executive resigns after turbulent two years

Thomas Gottstein steps down in latest high-level departure and will be replaced by Ulrich Körner

The Guardian - UK · Jul 27, 2022

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