The SNB says Credit Suisse AT1 bonds should have been wiped out earlier, and that a review of the too-big-to-fail framework is needed.
June 23, 2023The former manager used inside information from a deal Morgan Stanley was advising on to generate HK$4.2mn in profits for herself and a friend.
May 3, 2023Credit Suisse has been cleared of FX rigging charges and settled separate cases with French and US prosecutors.
October 26, 2022The CSRC has issued warning letters to six securities companies, ordering them to correct violations involving their overseas subsidaries.
June 14, 2022New guidelines clarify the due diligence obligations of sponsors. The CSRC has also set out five situations that would trigger on-site inspections of internal controls.
June 1, 2022The report indicates that the risks were known, but responsible parties in the first and second lines simply failed to act.
July 30, 2021As a goodwill gesture, SocGen will extend a one-off payment to investors who suffered losses trying to short-sell Singapore Airlines with daily leverage certificates.
May 14, 2020The approval allows Credit Suisse to raise its stake in a joint venture with Founder Securities from 33.3% to 51%, making it the latest foreign firm to gain majority control of a domestic brokerage in China.
April 20, 2020A merger between Citic Securities and CSC Financial would create a $67bn investment bank, surpassing the market cao of most other foreign competitors.
April 14, 2020