Investors are understood to be lining up to litigate against the Swiss bank in London and Zurich.
Western Europe
Latest articles from UK
Credit Suisse execs may be at risk over Greensill scandal
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The rising threat of climate risks to UK banking
March 12, 2021If banks want to prepare for the long-term impact of climate change, identifying physical risks that come with this need to take priority.
Brexit and equivalence — the path to salvation for UK banks?
March 3, 2021There are over 40 areas of potential equivalence in UK-EU financial services law. But they are so narrow that UK banks stand to gain little.
UK banks fret over operational risks related to negative interest rates
February 19, 2021The threat of below zero rates rates continues to hover over the country’s banking system.
New HMRC insolvency legislation could undermine banks
February 11, 2021Crown preference rights allow the UK government to take insolvency payments before banks and unsecured creditors.
Can banks protect themselves against IR35?
February 2, 2021UK tax legislation designed to tackle disguised employment could impact banks which have long used independent contractors for vital tasks.
Chetwood Financial rethinks banking business models
February 1, 2021Chief executive Andy Mielczarek on how UK challenger bank is seeking to offer a personalised service – that is 99% digital.
Will there be a post-Brexit fintech boom?
January 21, 2021The UK’s departure from the EU has created uncertainty. But the picture around fintech is more nuanced.
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Has open banking reached maturity?
January 19, 2021As the UK marks its third year of open banking the promised shake-up of financial services is still to come – but it could be on its way.