All Credit Suisse articles – Page 2
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NewsCredit Suisse Asset Management sees CHF11.6bn outflows in Q1
Net revenues in the bank’s asset management division decreased 45% quarter-on-quarter in Q1 to CHF187m
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NewsInvestors appeal against FINMA’s order to write down AT1 bonds in Credit Suisse/UBS deal
The formal complaint was filed before the St-Gallen-based Federal Administrative Court on 18 April by law firm Quinn Emanuel Urquhart & Sullivan
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NewsDACH roundup: WTW warns Swiss schemes to review asset managers, custodians after banking crisis
Plus: DWS starts coal phase-out; German pension funds invest in UN agriculture programme
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NewsEthos CEO issues stark warning of UBS/Credit Suisse concentration risks
UBS chair Colm Kelleher points to sustainability commitments, outlines ambitious asset management plans
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NewsSwiss schemes assess impact of UBS/Credit Suisse merger
Several pension funds hold both asset managers for various mandates, according to IPE research
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NewsBank demises isolated, but VER’s CEO warns of wider crisis if rates stay high
Timo Löyttyniemi says collapse of SVB and forced sale of Credit Suisse only indicate problems with certain individual banks
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NewsPension funds consider suing FINMA for AT1 bonds write down
Investors have the legal right to challenge FINMA in court within 30 days from the day the Swiss financial market supervisory authority took the decision
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NewsSwiss parliament considers inquiry commission on Credit Suisse/UBS deal
The Council of States, the upper house of the parliament, will also have its say on the establishment of the commission
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NewsMigros Pensionskasse takes CHF100m loss from Credit Suisse AT1 bonds
MPK is examining the possibility of taking legal action for the losses resulting from FINMA’s decision
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AnalysisAnalysis: Synergies and obstacles of a potential UBS/Credit Suisse asset management merger
The outcome of the merger is positive for UBS which ‘is buying the asset manager of Credit Suisse for nothing’, says Ray Soudah
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NewsABP sold Credit Suisse after fruitless engagement
Several large Dutch pension funds have sold their shares in the troubled bank in the last few years
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NewsSwiss schemes limit losses from Credit Suisse downfall through diversification, risk monitoring
Publica has refused to approve the decisions of Credit Suisse’s board of directors at every AGM since 2016
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NewsEmergency rules trigger AT1 bonds write down in UBS/Credit Suisse deal
Pension funds holding AT1 bonds, also referred to as CoCo bonds, can suffer losses as a consequence of the decision taken by FINMA
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NewsUBS/Credit Suisse: Swiss pension funds face cumulative counterparty risk but low losses
The country’s largest pension fund, Publica, started to reduce its exposure to Credit Suisse at the beginning of 2022
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NewsCredit Suisse, UBS pension funds to remain separate entities for now
Swiss Association of Bank Employees is demanding support particularly for older employees (over 55) in case of layoffs through early retirement
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NewsSwiss pension funds fear Credit Suisse/UBS deal will knock competition in banking sector
Takeover could hinder ability of pension funds to negotiate conditions with banks
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NewsItaly roundup: Fondenergia swaps Amundi with Credit Suisse to manage ‘garantito’ fund
Plus: Euronext moves clearing activities to Italy
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NewsPeople moves: Laura Trott appointed UK’s pensions minister
DWP, AP3, Credit Suisse AM, Hymans Robertson, Vontobel, CCLA
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NewsPeople moves: Denmark’s ATP creates new tech chief position
ATP, Fidelity, LGIM, ICG, The People’s Pension, Federated Hermes, Impax, Macquarie, Capital Cranfield, Nuveen, Credit Suisse, WTW
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NewsCometa picks AXA, Amundi as new asset managers in overhaul worth €11bn
The move follows a review of its investment policy leading to an increase of the risk profile of its three sub-funds while maintaining a prudent approach
