The Business Times

UBS raises US$3 billion from sale of Additional Tier 1 bonds

[LONDON] UBS Group sold US$3 billion of Additional Tier 1 (AT1) bonds on Monday (Jan 5) as major banks face modest ...
SWI swissinfo.ch

UBS Offers First AT1 Since Credit Suisse Order, Capital Plan

UBS Group AG is sounding out investor appetite for Additional Tier 1 bonds at a time when Swiss capital rules are in flux and ...

Wells Fargo hires credit-trading veteran for key revenue-driving unit

Wells Fargo ( WFC) confirmed on Monday that the bank hired Danny McCarthy to lead the credit franchise of its capital markets ...

UBS reportedly prepares for further job reductions in mid-January

UBS is said to be approaching the final year of its Credit Suisse integration, which was acquired in a government-brokered emergency deal in 2023.
Bloomberg L.P.

Credit Suisse AT1 Bondholders Angle for Lehman-Style Payouts

A group of investors that hold claims tied to about $17 billion of bonds wiped out in the rescue of Credit Suisse are pointing to another failed bank as an example of the potentially lucrative payday ...
Bloomberg L.P.

Credit Suisse Fails to Topple $600 Million Rogue-Banker Bill

A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned Georgian tycoon Bidzina Ivanishvili. The Privy Council — the top tribunal for cases brought ...
Bloomberg L.P.

Ex-Credit Suisse Boss to Lead Ivory Coast Opposition Coalition

Former Credit Suisse Chief Executive Officer Tidjane Thiam has been chosen to lead a broad coalition of Ivory Coast opposition parties ahead of presidential elections in October. The 62-year old’s ...