Switzerland’s biggest bank announces $3bn share buyback, adding more could come subject to regulatory regime
Why would someone like the Swiss banker step away just when things are about to get fun?
Race for coveted role comes as bank fights Swiss government over threat of more stringent capital buffers
Lender argues that proposals to significantly increase requirements have already cost investors $40bn
Loan growth and hedging help bolster banking sector profitability
A proposal from a cross-party group of politicians could break the deadlock with the country’s biggest bank
Investor optimism has been fuelled by a compromise proposed by Swiss political parties
Banks accused of organisational ‘deficiencies’ relating to Mozambique ‘tuna bonds’ scandal
There is a cost to bank chair Colm Kelleher’s portentous musing about relocation
Plus, Blue Owl offers its private credit investors a tough choice and Ashurst and Perkins Coie strike big law’s latest merger
Discussions came as Colm Kelleher tries to pressure Swiss government to back down over proposed capital rules
It is not in the country’s interests for its biggest bank to be uncompetitive
A surprise court ruling that the move lacked a legal basis could lead to years of appeals and proceedings
Regulators and bankers are sounding the alarm about an explosion in privately-rated securities
Stricter post-Credit Suisse oversight sets nation on different path to US in particular
Swiss bank grapples with $500mn of exposure to First Brands across its investment arms
Colm Kelleher says insurers are shopping for grades as banks did before 2008 financial crisis
Swiss bank says it has progressed in integrating Credit Suisse and achieved $10bn in cumulative cost savings
Trader claims bank wrongly cast him as ‘evil mastermind’ behind Libor rate rigging
Credit Suisse fund brought claim in London against Japanese conglomerate that backed Greensill
Watchdog did not have proper basis for decision to write down SFr16.5bn of AT1 debt as part of rescue deal, judges find
Switzerland’s largest bank has multiple investments tied to bankrupt auto parts maker
Liberal and rightwing lawmakers and lobbyists discussing proposal that could slash capital increase by $10bn or more
Finma said bank’s broader recovery plans had progressed a year after ordering improvements
