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If a run on a liquid, well-capitalised bank is possible, it could happen to anyone
Accounting rules mean mergers would lead to assets being revalued at significantly lower levels
Ruling from Singaporean judge comes shortly before UBS is expected to complete takeover of Swiss rival
Flamboyant owner of obscure website claims files were “absolutely not secret”
More than $400mn in deferred pay was wiped out after a state-orchestrated rescue by UBS
Executives are planning to sue regulator Finma
Swiss bank contested regulator’s justification for wiping out $17bn of bonds
Bankers contact lawyers over bond-linked rewards that were wiped out by UBS rescue
If at first you don’t succeed . . .
Decision by court gives early victory to investors in what promises to be a drawn-out fight
Swiss bank expects asset writedowns and litigation provisions to total $17bn
Plus, US pension fund Calpers takes aim at ‘greenwashing’
So crazy it might just work?
Toxic culture and strategic risk mismanagement are significant contributing factors to bank failures
Decision on Swiss domestic unit expected within months
The determinations committee has been summoned
Credit Suisse chief Ulrich Körner to join UBS’s executive board as part of shake-up
Chief executive Sergio Ermotti is betting on them to help make the rescue deal work
Law firm Pallas says Finma had no authority to issue emergency ordinance
The comedian’s intellectual rigour and deep research resulted in effortless delivery
Swiss regulator had ordered wipeout of bank’s subordinated bonds as condition of UBS rescue
Too bad they don’t have a time machine though
Swiss lender attracted $28bn of new money as clients moved accounts from rival - but integration risk still high
Investment decision made by chair Keiko Erikawa, a friend of SoftBank founder Masayoshi Son
Clients pulled SFr61.2bn ($68.6bn) of assets from Credit Suisse in the first quarter
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