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12° Nicosia,
23 July, 2024
 

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Displaying results 1-18 of 18 matches for query Credit Suisse.

1. Banking sector's pledge to environmental transition

https://knews.kathimerini.com.cy/en/news/banking-sector-s-pledge-to-environmental-transition

Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....

2. Elizabeth McCaul unveils hidden financial dangers

https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers

A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....

3. SSM chief urges banks to be prudent amidst soaring profits

https://knews.kathimerini.com.cy/en/business/ssm-chief-urges-banks-to-be-prudent-amidst-soaring-profits

The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....

4. March Newsletter of K. Treppides & Co Ltd: CySEC

https://knews.kathimerini.com.cy/en/news/2-march-newsletter-of-k-treppides-co-ltd-cysec

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

5. Saudi National Bank president resigns

https://knews.kathimerini.com.cy/en/news/saudi-national-bank-president-resigns

The chairman of Saudi National Bank, which was the main shareholder of Credit Suisse before its takeover earlier this month, has resigned, according to a statement published on the Saudi stock exchange....

6. 'Cyprus banking system ready to absorb shocks'

https://knews.kathimerini.com.cy/en/news/cyprus-banking-system-ready-to-absorb-shocks

Tasos Yasemidis, an economist, spoke to "SPOR FM 95.0" and the "DIASPORA NEWS" show about the deal for the acquisition of Swiss bank Credit Suisse by UBS and how it affects the banking sector in Cyprus, ...

7. UBS steps in to buy rival Credit Suisse

https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

8. Credit Suisse borrows more than $50 billion from Swiss National Bank

https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

9. Banks around the world feel force of SVB fallout

https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

10. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

https://knews.kathimerini.com.cy/en/news/credit-suisse-posts-$1-51-billion-loss-in-4th-quarter-of-2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

11. Credit Suisse guilty of money laundering

https://knews.kathimerini.com.cy/en/business/credit-suisse-guilty-of-money-laundering

Credit Suisse has been found guilty and fined for involvement in money laundering related to a Bulgarian drugs ring....

12. Credit Suisse in the hot seat for telling its clients to shred evidence

https://knews.kathimerini.com.cy/en/news/credit-suisse-in-the-hot-seat-for-telling-its-clients-to-shred-evidence

Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....

13. New Russian asset tracker platform launched by non-profit

https://knews.kathimerini.com.cy/en/business/new-russian-asset-tracker-platform-launched-by-non-profit

A nonprofit reporting network launched on Monday the Russian Asset Tracker, a database to track the assets of prominent Russians who have links to Vladimir Putin....

14. Europe's banks reveal billions worth of Russia risk as sanctions bite

https://knews.kathimerini.com.cy/en/news/europe-s-banks-reveal-billions-worth-of-russia-risk-as-sanctions-bite

Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....

15. How $300 billion in Russian money can shake markets

https://knews.kathimerini.com.cy/en/business/how-$300-billion-in-russian-money-can-shake-markets

Credit Suisse's strategic analyst Zoltan Pozsar, who shows that Russia has about $ 300 billion in foreign currency swaps abroad,...

16. Historic leak of Swiss banking records reveals unsavory clients

https://knews.kathimerini.com.cy/en/news/historic-leak-of-swiss-banking-records-reveals-unsavory-clients

Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....

17. Credit Suisse faces money laundering charges in Bulgarian cocaine traffickers trial

https://knews.kathimerini.com.cy/en/business/credit-suisse-faces-money-laundering-charges-in-bulgarian-cocaine-traffickers-trial

Credit Suisse faced charges in a Swiss court on Monday for allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros, some of it stuffed into suitcases....

18. Exxon Mobil is placing big bets on China’s soaring liquefied natural gas demand

https://knews.kathimerini.com.cy/en/business/exxon-mobil-is-placing-big-bets-on-china-s-soaring-liquefied-natural-gas-demand
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