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APRA goes loco on CoCo, sounding the death knell for bank hybrids
Opinion
Bonds

APRA goes loco on CoCo, sounding the death knell for bank hybrids

The financial regulator is planning to phase out a form of bank capital that has proven wildly popular with Australian retail investors.

  • by Stephen Bartholomeusz

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UBS preparing to cut over half of Credit Suisse workforce after takeover

UBS preparing to cut over half of Credit Suisse workforce after takeover

Tens of thousands of jobs are at risk across the world, including in Australia, with the cuts set to start next month,

  • by Marion Halftermeyer, Laura Benitez and Myriam Balezou
‘Dark and troubling past’: Credit Suisse accused of hampering probe of Nazi-linked accounts

‘Dark and troubling past’: Credit Suisse accused of hampering probe of Nazi-linked accounts

The embattled Swiss bank has been accused of limiting the scope of an internal investigation into Nazi clients and Nazi-linked accounts, including some that were open until just a few years ago.

  • by Jamey Keaten
The banker Switzerland trusts to stop the bleeding

The banker Switzerland trusts to stop the bleeding

Sergio Ermotti fixed Switzerland’s biggest bank after it fell victim to the last financial crash. Now he is being asked to do it all over again.

  • by John O'Donnell, John Revill and Stefania Spezzati
The era of Swiss exceptionalism is dead

The era of Swiss exceptionalism is dead

Finance and neutrality, linchpins of Switzerland for so many years, have left it exposed like never before. Everything is going wrong at once.

  • by Ambrose Evans-Pritchard
The butterfly effect: How the failure of a small US bank toppled a giant in Switzerland
Opinion
Big four

The butterfly effect: How the failure of a small US bank toppled a giant in Switzerland

The spate of bank collapses in the US and Credit Suisse’s near-death experience has shone a light on the risks of financial contagion. Australia’s bank regulation might be a useful starting point to tackle them.

  • by Stephen Bartholomeusz
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World Bank warns of ‘lost decade’ for the global economy

World Bank warns of ‘lost decade’ for the global economy

The pandemic and Russia’s war in Ukraine could lead to a “lost decade” that would mean more poverty and fewer resources to combat climate change, the World Bank says.

  • by Alan Rappeport
Deutsche Bank was once ‘the riskiest bank in the world’. But there are bigger dangers to worry about

Deutsche Bank was once ‘the riskiest bank in the world’. But there are bigger dangers to worry about

Fear and loathing is spreading through the global financial system, with Deutsche Bank the latest giant in the crosshairs. But there are greater points of vulnerability that cause concern.

  • by Stephen Bartholomeusz
Banking badly: What went wrong at Credit Suisse

Banking badly: What went wrong at Credit Suisse

The collapse of Credit Suisse and the problems with America’s smaller banks may seem part of a broader malaise. But they’re also the victims of their own poor decisions.

  • by Sarah Danckert
UK central bank lifts interest rates to 4.25% despite banking turmoil

UK central bank lifts interest rates to 4.25% despite banking turmoil

Policymakers said they were expecting the pace of price rises to slow “significantly” in the coming months despite February’s surprise increase in inflation.

  • by Rob Harris
Local crypto boss says US banking turmoil means it’s bitcoin’s ‘time to shine’

Local crypto boss says US banking turmoil means it’s bitcoin’s ‘time to shine’

The chief executive of one of Australia’s largest cryptocurrency exchanges has said the recent banking turmoil has provided an opportunity for digital assets.

  • by Dominic Powell

Original URL: https://www.watoday.com.au/topic/credit-suisse-group-ag-1mv9