The Latest Breaking News from Credit Suisse

"The storm clouds that we have been monitoring for the past year remain on the horizon, and the banking industry turmoil adds to these risks," said JPMorgan CEO Jamie Dimon.

Governor reveals review of payout policy after failures of Silicon Valley Bank and Credit Suisse in March

Alibaba is the latest tech company to enter the artificial intelligence race, as it unveils its own chatbot, Tongyi Qianwen. But it could face restrictions before even launching, as authorities in Beijing have outlined draft regulations to govern AI, including the stipulation that such platforms will reflect the core values…

Magnus Billing urged Alecta to “take actions based upon the lessons learned.” The action was his dismissal.

Bern (Switzerland) (AFP) - The Swiss parliament voiced its fury on Tuesday at the collapse of Credit Suisse and how the rules intended to prevent such a major bank from getting itself into trouble completely failed.

Fund is more cautious about world economic outlook after turmoil at Silicon Valley Bank and Credit Suisse

Bern (Switzerland) (AFP) - Swiss President Alain Berset told lawmakers Tuesday that letting banking giant Credit Suisse collapse would have triggered a catastrophe, as he defended the orchestrated takeover by UBS.

Switzerland’s parliament is opening a special session to scrutinize the state-imposed takeover of Swiss bank Credit Suisse by rival UBS

Switzerland's parliament on Tuesday failed to approve the 109 billion Swiss francs ($120.5 billion) of financial guarantees used to rescue Credit Suisse last month, in a first-round vote that was largely symbolic given the state had committed the funds.