Ambereen Choudhury

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Big Banks Face 20% Jump In Capital Requirements, WSJ Says

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The revised requirements could be proposed as early as June, according to the newspaper.

Charles Schwab's Top Investor Exits $1.4 Billion Stake, FT Says

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Schwab is among financial firms being swept up in the worst US banking crisis since 2008.

Credit Suisse Loses One Of Its Biggest Backers

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Harris Associates was the biggest shareholder in Credit Suisse for many years.

Banker Bashing Is Back As Rates Soar On Everything But Deposits

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Banks are scoring big profits on the widening gap between what they charge borrowers and pay to savers.

Credit Suisse Investment Bank CEO Meissner Set To Leave Firm

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Credit Suisse is in the midst of a critical strategic review after multiple missteps drove the bank's share price to record lows.

Credit Suisse Eyes Outside Money For Investment Bank Spinoff

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Businesses being targeted for a boutique-style future include the advisory and deal-making teams.

Credit Suisse Weighs Cutting Thousands Of Jobs In Turnaround Bid

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The struggling European lender wants to slash its cost base by an additional $1 billion.

UBS Weighs Elevating Khan To Sole Wealth Management Head

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Khan was given the regional leadership role for Europe, the Middle East and Africa at UBS in 2021.

Credit Suisse Plunged Into Chaos After Horta-Osório Ousted

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Bank Chairman Antonio Horta-Osorio is leaving after it was revealed he broke Swiss quarantine protocols.

UBS Has Begun Search For A Successor To CEO Sergio Ermotti

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It's the latest European bank to consider changes at the top in an industry beset by sluggish growth.

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