Latest News for: Suisse shipping

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Une femme retrouve l'infirmière qui lui a sauvé la vie il y a 30 ans

The Eagle-Tribune 04 Oct 2023
The pair have been reunited and are volunteering together on board Mercy Ships' newest hospital ship the Global Mercy, in Catherine's home country of Sierra Leone ... Je reviens à la maison pour servir, non seulement Mercy Ships, mais aussi mon pays." ... Fondé en Suisse en 1978 par Don et Deyon Stephens, Mercy Ships est intervenu dans 55 pays ... Mercy Ships.
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UBS reaches Tuna Bond settlement with Mozambique

Swissinfo 01 Oct 2023
UBS Group AG reached a settlement with Mozambique over Credit Suisse’s role in a ship-financing scandal, resolving the case between the two on the eve of a London trial ... over Credit Suisse in June.
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Credit Suisse sheds nearly 13% of workforce

Gulf News 29 Sep 2023
The number of Credit Suisse employees fell to 33,968 at the end of June, from 38,908 at the end of June 2022, the bank said in its financial report published on Friday ... Some of the jobs lost could be people who left as part of Credit Suisse’s own cost cutting plans before the takeover or who jumped ship as confidence in the lender collapsed.
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Credit Suisse sheds nearly 13% of workforce this year

Reuters 29 Sep 2023
Some of the jobs lost could be people who left as part of Credit Suisse's own cost cutting plans before the takeover or who jumped ship as confidence in the lender collapsed ... BusinesscategoryCredit Suisse sees Q3 loss of $1.6 bln from reclassifying loans.
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UBS left $10b state backing behind in Credit Suisse deal

Cryptopolitan 13 Aug 2023
A once-crucial $10.3 billion state support, granted during their acquisition of Credit Suisse, is now left behind in the banking behemoth’s rearview ... Amidst the financial tumult that resulted in Credit Suisse’s takeover, UBS received significant backing from the Swiss government.
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Ex-Mozambique minister pleads not guilty in US court in $2bn fraud

Business Day 14 Jul 2023
The US claims Chang was part of a group of corrupt officials who conspired with Credit Suisse bankers to take Mozambique deeper into debt for dubious maritime projects such as a fleet of ships to combat piracy ... Meanwhile, a Credit Suisse unit and three former bankers also pleaded guilty to charges in the same case brought against Chang. .
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UBS overhauls leadership at wealth management division

Reuters 06 Jul 2023
Several former Credit Suisse managers have got jobs in the changes which affect roughly 180 executives and mainly take effect from July 17 ... Another change unveiled on Thursday sees UBS taking over the Shipping Finance Business of Credit Suisse, which it will merge with its aircraft financing business.
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Mozambique’s ex-finance minister to be extradited to US over bond fraud

Business Day 27 Jun 2023
... with Credit Suisse bankers to take the country deeper into debt for dubious maritime projects such as a fleet of ships to combat piracy...
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Student-loan payments are coming back — and these are the stocks most at risk

Market Watch 20 Jun 2023
Great market expectations for the Tuesday after a long holiday weekend in summer are destined for disappointment ... Read. Wall Street’s leading bear is doubting himself, a little ... The markets ... The bond market has already moved on from losing $17 billion on Credit Suisse securities. Ships have been keeping Northern Hemisphere oceans cool with sulfur ... .
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UBS Positioned to Restore Profitability of Credit Suisse’s Wealth Unit

Market Watch 14 Jun 2023
By Andrew Welsch. Print Reprints Text. Small Medium Large. When it comes to integrating Credit Suisse and righting what was a troubled ship, UBS has its work cut out for it ... “We acknowledge that it will be hard, if not impossible, for UBS to reverse Credit Suisse’s recent revenue losses,” Scholtz wrote in a June 12 research note ... Continue ... .
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UBS imposes tight restrictions on Credit Suisse bankers as takeover completed

The Irish Times 12 Jun 2023
“We are worried about ‘cultural contamination’,” UBS chair Colm Kelleher said last month over taking on Credit Suisse staff ... Credit Suisse employees must also ask UBS executives for permission to extend loans backed by assets such as yachts, ships and real estate of more than $60mn ... UBS and Credit Suisse declined to comment on the rules.
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UBS to impose risk limits on CS with deal set to close, FT says

Financial Express 12 Jun 2023
Other restrictions on Credit Suisse bankers will include a ban on launching new products without approval from UBS managers and a requirement that they seek permission to extend loans backed by assets such as yachts, ships and real estate of more than $60 million, the Financial Times said.
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China started patrols around Hainan, Paracel islands on June 8 -state media

Reuters 09 Jun 2023
The patrol aims to inspect ships in these waters, state broadcaster CCTV said ... Taiwan's Acer ships computer hardware to ... Credit Suisse puts up China brokerage venture for sale4.42 AM UTC.
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Heavy 'dragon boat water' rains hit southwest China, some cities flooded

Reuters 09 Jun 2023
BEIJING, June 9 (Reuters) - Non-stop heavy rains lashed parts of southwest China on Friday, triggering floods in cities, engulfing roads and partially submerging buildings ... Taiwan's Acer ships computer hardware to Russia after saying it would suspend businessJune 8, 2023 ... Credit Suisse puts up China brokerage venture for sale4.42 AM UTC ... ....

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