Switzerland

Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt

A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking full compensation over the contentious decision…

Moscow derides peace summit; Ukraine says using Western weapons to strike Russia could be a game changer

This was CNBC’s live blog tracking developments on the war in Ukraine. Russia poured scorn on Ukraine’s attempts to invite…

Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery

Deutsche Bank shares popped to a more than six-year high on Thursday, after the German lender reported a 10% rise…

Deutsche Bank smashes profit estimates and boosts shareholder returns

Deutsche Bank on Thursday smashed fourth-quarter earnings expectations, reporting net profit of 1.3 billion euros ($1.4 billion) and announcing a…

Ukraine war updates: Ukraine says it has destroyed a Russian spy plane and airborne command post; Kyiv says it needs China for any peace process

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. Ukraine said…

Swiss bank Banque Pictet admits hiding $5.6 billion of Americans’ money from IRS

A major Swiss bank admitted to conspiring with U.S. taxpayers and others to hide over $5.6 billion from the Internal…

UBS resumes selling the bonds at the heart of Credit Suisse controversy

UBS on Wednesday began selling Additional Tier 1 (AT1) bonds — which were at the heart of controversy during its…

UBS shares jump to 2008 highs after profit beat, job cuts announcement

UBS shares reached their highest point since late 2008 during early trade in Zurich on Thursday, after the Swiss banking…

Spain thrashes Switzerland at Women’s World Cup despite bizarre own goal

Women’s World Cup 2023: Live scores, fixtures, results, tables and top scorers CNN  —  Spain overcame a bizarre long-range own…