Credit Suisse – Page 4

‘Trading Like a Lehman Moment’ — Credit Suisse, Deutsche Bank Suffer From Distressed Valuations as the Banks’ Credit Default Insurance Nears 2008 Levels

October 2, 2022

It’s been more than a decade since the financial crisis in 2007-2008 when Lehman Brothers, the fourth largest investment bank in the U.S., collapsed and filed bankruptcy. Close to 14 years later, Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering from distressed valuations and the banks’ credit default insurance levels…
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S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

October 2, 2022

Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s analysts believe the European Union (EU) and the U.K. are already dealing with a…
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1M Aussies will enter crypto over the next 12 months — Swyftx survey

September 26, 2022

The findings come from the Annual Australian Crypto Survey, commissioned by Australian crypto exchange Swyftx. Approximately one million Australians will purchase cryptocurrency for the first time over the next 12 months — bringing total crypto ownership in the country to over five million — according to a newly released survey. The findings came from the…
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CFTC commissioner appoints senior policy adviser experienced in digital asset regulation

May 14, 2022

Keaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation. Caroline Pham, currently serving as a commissioner at the United States Commodity Futures Trading Commission, or CFTC, has announced a former head of U.S. regulatory policy at…
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Bitcoin Suisse adopts decentralized Liquity as lending product

April 21, 2022

The Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf but only a select few with over $500,000 on the platform will have access to the product. Bitcoin Suisse has begun offering decentralized finance (DeFi) services to its clients with the addition of the Liquity protocol to its product…
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Ukraine War Raises Questions About the ‘End of Monetary Regime’ and Role of Bitcoin

March 8, 2022

Bitcoin (BTC) “will probably benefit” from a new world monetary order where the US dollar no longer reigns supreme and China’s currency strengthens through the backing of Russian commodities, a report from the major investment bank Credit Suisse predicted, triggering intense debates in the crypto community…. Read More: Ukraine War Raises Questions About the…
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Credit Suisse data leak reveals decades of shady clients and activity

February 21, 2022

Swiss bank secrecy laws have protected Credit Suisse from having to disclose whether it was banking criminal activity, which is a far cry from the transparency blockchain technology offers. Leaked data shows that until recently, Swiss bank Credit Suisse held accounts valued at more than $100 billion for sanctioned individuals and heads of state reportedly…
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Global Banks Reportedly Limit Service in Hong Kong for Political Reasons

July 21, 2020

Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law. Major international banks like Credit Suisse and HSBC are reportedly scrutinizing their Hong Kong clients amid the ongoing protests over China-backed national security law. According to a July 19 report by Reuters, global banks including Credit…
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Paxos’ DLT Settlement Platform Is Live With Credit Suisse and Instinet

February 20, 2020

Paxos, a New York-regulated financial firm and the issuer of Paxos Standard stablecoin, has launched its blockchain-based settlement platform with Credit Suisse and Instinet. Paxos, a New York-regulated financial firm and the issuer of a USD-pegged stablecoin, has launched its blockchain-based settlement platform. After announcing Paxos Settlement Service in late 2019, Paxos Trust Company has…
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BNY Mellon and Credit Suisse Involved in Telegram’s $1.7B Sale: Report

December 10, 2019

According to new court filings, investors in Telegram’s $1.7 billion token sale included Kleiner Perkins, Lightspeed China and many others. Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018. Telegram allegedly informed its investors that it was using BNY Mellon and Credit…
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Category: Credit Suisse