Swiss bank

Credit Suisse sinks, fuelling $60 billion rout in European Banks

March 15, 2023 · Banking

Credit Suisse Group AG shares plunged and credit default swaps were near a distressed level after its biggest shareholder ruled out any additional support. Saudi National Bank Chairman…

Swiss bank Vontobel’s nine month outflows at $3.5 bln; to step up cost cuts

November 10, 2022 · Business

Swiss wealth and asset manager Vontobel Holding saw new money outflows of 3.4 billion Swiss francs ($3.46 billion) in the first nine months of this year, it said…