Credit Suisse had bumper years, particularly during the dotcom boom, and it weathered the 2008 financial crisis reasonably better than UBS. But trouble was never far from the bank’s door.
Western Europe
Latest articles from Western Europe
Is the UBS/Credit Suisse deal enough to protect Europe from US bank contagion?
March 23, 2023The sale of Credit Suisse to UBS may have preserved market stability for now, but economists warn we are not out of the woods yet.
Shift to the cloud accelerates with Nationwide modernisation
March 20, 2023Robust cloud-based payments systems are seen as a crucial way for incumbent banks to compete more effectively with fintech start-ups.
Russian sanctions: a cat and mouse game
March 15, 2023A year in, how are the sanctions imposed by the West on Russian entities, goods, assets and individuals taking shape?
Turkey’s controversial monetary policy continues
March 3, 2023The central bank of Turkey’s macroprudential adjustments has made the operating environment for the country’s banks increasingly complex.
Balancing speed and fairness in regulatory investigations for individuals
February 20, 2023Now is an opportune time to consider introducing UK regulatory investigation time limits in order to achieve better fairness and proportionality.
Moving the needle on gender diversity in Europe’s banks
February 15, 2023Despite gains at the boardroom level, women are still largely absent from the executive level within European banks. So, what will move the needle?
What is the outlook for UK banking litigation in 2023?
February 6, 2023With a multitude of open avenues for litigation, here are the key areas that banks should keep tabs on in the coming year.
The Quincecare duty: 35 years on, the debate has only just begun
February 3, 2023The anti-fraud duty has gained recent prominence as upcoming legal challenges threaten to increase banks’ responsibilities in the context of increasingly sophisticated fraud.
Five key takeaways from the FCA’s AML crackdown in 2023
January 27, 2023With AML compliance at the top of the FCA’s enforcement agenda for this year, we highlight important focus points for banks and other regulated firms operating in the UK.