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Credit Suisse-UBS takeover: How a 166-year-old bank collapsed

The Swiss bank had no choice but to accept a marriage of convenience with its rival after a crisis of confidence swept across debt markets

Credit Suisse CDS reach crisis levels as banks rush to buy protection

Similar moves were seen in the short-term credit derivatives linked to banks in the aftermath of the Lehman Brothers collapse in September 2008.

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US banks ask Washington for Russia sanctions workaround media

A swaps panel has urged the US Treasury to temporarily allow trading in Russian assets A group of 13 banks and asset managers have asked t

US banks ask Washington for Russia sanctions workaround: Report

A group of US banks and asset managers ask the US Treasury’s Office of Foreign Assets Control for concessions for Russia sanctions, Bloomberg reports.