Credit Suisse announced late Wednesday it was taking "decisive action" and borrowing up to 50 billion Swiss francs -- about $54 billion -- to ease investor fears.

(Reuters) -A Credit Suisse unit on Monday pleaded guilty to U.S. charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than $510 million, the U.S. Department of ...

For any other bank, the scandal might have defined their legacy or even destroyed it. But for Credit Suisse, one of the biggest banks in the world, it was business as usual. How did it come to this?

The sign and logo of Credit Suisse bank is seen at their headquarters in Zurich on March 20, 2023. Swiss regulators have given their verdict on Credit Suisse’s collapse. Photo: Agence France ...

The sign atop Credit Suisse’s London headquarters has been removed, one of the most visible signs yet of the changes sweeping the bank as staff prepare to move to UBS Group AG’s building in ...

UBS and Credit Suisse will operate separately until their planned legal merger in 2024, while the Credit Suisse brand and logo will not be retired until 2025.

Credit Suisse Chair Axel Lehmann apologized to attendees of the bank's final shareholder meeting. The 167-year-old Swiss bank was rescued by its longtime rival UBS last month.

At Credit Suisse’s last annual shareholder meeting on Tuesday, senior leaders apologized for failings that led to the Swiss bank’s fire sale last month to its archrival, UBS, at the behest of ...

By forcing staff to return to the office, Credit Suisse demonstrated a lack of empathy for its employees' wellbeing and work-life balance.

UBS will absorb Credit Suisse in a $3.2 billion all stock deal brokered by the government that was pulled together to prevent the latter embattled bank from failing.

"An uncontrolled collapse of Credit Suisse would lead to incalculable consequences for the country and the international financial system," the Swiss president said.

Credit Suisse is not out of the woods just yet. Shares in the Swiss lender fell by as much as 12% Friday, erasing most of Thursday’s gains, as investors feared that a $54 billion lifeline from ...