October
Wong backs US threat; Mortgage wars return; $1b founder growth tips
Read everything that’s happened in the news so far today.
What about me? UBS, Credit Suisse tech integration misfires with advisers
Street Talk understands wealth advisers are fired up about a global edict that will keep them wedded to the Credit Suisse platform.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Barrenjoey nabs CLSA operative to head up global sales
Street Talk understands CLSA institutional equity salesperson Amy Mallace has jumped across to the “vertical village”.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
Industry veteran builds ‘better’ model to pick ASX winners
Former Credit Suisse alumni John Birkhold has spent years developing a model that undoes traditional ways of investing – he’s now about to turn it on the ASX.
- Joshua Peach
- Opinion
- Big four
Why is APRA trying to blow up the hybrid market?
The prudential watchdog wants to boost bank leverage and raise the risks depositors and taxpayers face in the name of ameliorating its regulatory complexity.
- Christopher Joye
July
Archegos founder Hwang found guilty over fund’s $53b collapse
The Archegos meltdown in 2021 sent shock waves across Wall Street and drew regulatory scrutiny on three continents.
- Jody Godoy
Credit Suisse COO set to pop up at Westpac
Street Talk understands chief operating officer Katrina Glover has left the Swiss investment bank after 19 years.
June
Goldman Sachs hires Mark Davis to run equities
The Wall Street firm has tapped the former Credit Suisse operative to run its equities arm after Jefferies Australia raided its top talent.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May
- Analysis
- Greensill Capital
Why this Trump acolyte is key to finding some of Greensill’s billions
The fight to recover funds owed to Credit Suisse clients has landed with West Virginia coal baron and senate hopeful Jim Justice and a small Virginia bank.
- Updated
- Owen Walker and Joshua Franklin
April
- Analysis
- Monetary policy
How government debt could blow up the global financial system
As Western governments shy away from debt reduction and structural reform, investors must reassess their view of “safe” assets.
- John Plender
GFG Alliance drags its heels on paying Greensill Capital debts
Sanjeev Gupta’s global steel group has not yet paid any of the $900 million it owes to the collapsed supply chain finance firm, despite another debt deal in March.
- Jenny Wiggins
March
How two Australians rode the $1.5 trillion infrastructure wave
The founders of industry colossus Stonepeak, Michael Dorrell and Trent Vichie, started investing in the asset class in the early 2000s. Their fund nearly didn’t survive.
- Updated
- Antoine Gara
- Opinion
- The AFR View
Australia’s banks must rise to the challenges of the next decade
The underlying financial strength of the big four got them through a turbulent decade just gone. More competitiveness is needed to get them through the next 10 years.
- The AFR View
Lex Greensill sues UK government over ‘misuse of private information’
The details of the Australian businessman’s claim against the UK’s Department for Business and Trade have not yet been made public.
- Rafe Uddin and Cynthia O’Murchu
February
UBS eyes Australia’s richest family offices in latest wealth play
The Swiss wealth manager has welcomed 34 new advisers from Credit Suisse since absorbing its former rival, and its sights are firmly set on family offices.
- Aaron Weinman
Inside Europe’s most secretive gilded banking society
Fancier and more exclusive than Davos, it’s where some of the world’s biggest deals in finance take place.
- Owen Walker
- Exclusive
- Rich List
Former Credit Suisse, HSBC bankers target ultrarich with new bank
Volans opens its doors in May. It already has 17 employees on its books and is in the process of applying for a banking licence.
- Primrose Riordan
January
Gupta’s GFG misses Credit Suisse payment after leveraging Australian arm
The steelmaking group missed an upfront cash payment, raising questions around a restructuring agreement penned in June between the company and its creditors.
- Aaron Weinman
Credit Suisse’s local boss Richard Gibb resigns, takes ANZ board seat
Credit Suisse Australia chief executive Richard Gibb will leave the investment bank on January 31.
- Lucas Baird
UBS drafts in Gail Kelly as Credit Suisse takeover ramps up
The Swiss bank hopes the former Westpac chief executive will bring her experience overseeing St George’s merger to the UBS board.
- Updated
- Aaron Weinman