MENU
ABOUT US
MAKE A DONATION
Login
SEARCH
CLOSE
Help Center
subscribe
newsletter
Newsstands
Epoch Shop
Gift
TOP NEWS
SPECIAL SERIES
SPECIAL COVERAGE
LATEST ARTICLES
US
US News
US Features
US Politics
US Crime News
New York
San Francisco
Los Angeles
Opinion
Thinking About China
Viewpoints
Unbridled Evil: The Corrupt Reign of Jiang Zemin in China
The Reader’s Turn
China News
US-China Relations
Chinese Regime
Business & Economy
Chinese Culture
China Human Rights
Social Issues
Organ Harvesting in China
World News
Africa News
Americas
Asia & Pacific
Canada
Europe
UK News
Australia News
International
Middle East
Business & Markets
Companies
Economy
Markets
Real Estate
Gold and Commodities
ARTS & CULTURE
Fine Arts & Craftsmanship
Performing Arts
Books
Traditional Culture
Shen Yun Special Coverage
Film & TV
Science
News
Space
Environment
Tech
Tech News
Tech Products & Reviews
Social Media
Sports
Videos
American Thought Leaders
China Insider
Crossroads
Bright
Lifestyle
Inspired
Family & Education
Personal Finance
American Essence
Entertainment
Film & TV
Entertainment News
Health
Experts
Conditions
Life & Wellness
Special Topics
Battlefields
Search Text
SEARCH
EpochTV
US
US Politics
Opinion
World News
China
Hong Kong
Health
Bright
Arts
Falun Gong
Premium
Markets
Games
Livestream
More
Credit Suisse
Global Wealth Drops For First Time Since 2008 Financial Crisis
Most of losses heavily concentrated in wealthier and more developed regions, such as North America and Europe, which lost a combined $10.9 trillion in 2022.
August 18, 2023
BY
Bryan Jung
UBS Completes Takeover of Credit Suisse in Deal Meant to Stem Global Financial Turmoil
BERLIN—UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after ...
June 12, 2023
BY
The Associated Press
UBS Says Its Rescue of Credit Suisse Was a Rushed Deal With Unclear Risks
Switzerland's biggest bank UBS said that it was unable to carry out a comprehensive assessment of the assets ...
May 17, 2023
BY
Tom Ozimek
Ottawa Grants Itself Extraordinary Powers to Prepare for ‘Potential’ Bank Runs
Bank scares in the United States and Switzerland have prompted the federal government to grant itself extraordinary powers ...
April 29, 2023
BY
Isaac Teo
Credit Suisse Lost $68 Billion in Assets Last Quarter, Outflows Continue
ZURICH—Credit Suisse said on Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in ...
April 24, 2023
BY
Reuters
Credit Suisse Failed to Investigate Its Past Ties With Nazis: Senate Panel
Swiss investment bank Credit Suisse failed to review “all relevant records” of potential Nazi accounts while also firing ...
April 20, 2023
BY
Naveen Athrappully
Credit Suisse Rescue Package Rejected by Swiss Parliament
BERN—Switzerland's parliament rejected on Wednesday the government's 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger ...
April 13, 2023
BY
Reuters
Swiss Prosecutors Probe Credit Suisse Ahead of UBS Takeover
GENEVA—The Swiss attorney general’s office says it has opened a probe into the events surrounding embattled bank Credit ...
April 3, 2023
BY
The Associated Press
Chinese Media Claim Hong Kong Is a Safe Place to Invest Amid Global Banking Crisis, Expert Disagrees
News Analysis Amid low investor confidence due to recent bank failures in the United States and Switzerland, Chinese ...
April 1, 2023
BY
Kathleen Li
and
Sean Tseng
Analysts: Deutsche Bank Isn’t Next Credit Suisse
After the collapse of Switzerland’s second-largest bank, Credit Suisse, investors looking for the next bank failure fixed their ...
March 30, 2023
BY
Kevin Stocklin
Sergio Ermotti Returns as UBS CEO to Steer Credit Suisse Takeover
ZURICH—UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbor Credit Suisse—a ...
March 29, 2023
BY
Reuters
UK Banking System Faces ‘Very Heightened Tension’: BoE Governor
The UK financial system is in a period of “very heightened tension and alertness” for further turmoil in ...
March 28, 2023
BY
Alexander Zhang
The Fed’s Dilemma: Fight Inflation or Save Failing Banks
News Analysis The Federal Reserve has painted itself into a corner with its fight against inflation, and some ...
March 25, 2023
BY
Kevin Stocklin
Swiss Central Bank Hikes Interest Rates Despite Credit Suisse Turmoil
The Swiss National Bank (SNB) raised its interest rates by 50 basis points despite the turmoil over the ...
March 23, 2023
BY
Bryan Jung
Bank Failures Highlight Risks of Using ESG in Americans’ Pension Funds
President Joe Biden used his veto power on Monday to block a bipartisan action from Congress that would ...
March 22, 2023
BY
Kevin Stocklin
Troubled Credit Suisse Has Chinese Communist Party-Linked Member on Its Risk Committee
Credit Suisse bank, which collapsed last week, revealed on its website that it had a CCP-affiliated member on ...
March 22, 2023
BY
Bryan Jung
Swiss Suspend Bonus Payouts to Credit Suisse Staffers
GENEVA—Switzerland's government said Tuesday that it's ordering Credit Suisse to temporarily suspend bonuses for employees after orchestrating a ...
March 21, 2023
BY
The Associated Press
When One Zombie Eats Another: Why UBS’s Rescue of Credit Suisse Changes Nothing
Commentary What happens when one zombie eats another? All the disgusting and fetid zombie parts of the consumed ...
March 21, 2023
BY
Michael Wilkerson
US Taxpayers Could Be on the Hook for Credit Suisse Bailout, Expert Warns
Following an emergency announcement on Sunday evening, the Federal Reserve loaned the Swiss National Bank (SNB) $101 million ...
March 21, 2023
BY
Liam Cosgrove
‘Australia’s Banks Are Unquestionably Strong’: RBA Assures Australians After US Banking Crisis
The Reserve Bank of Australia (RBA) has assured the public that Australian banks are in a solid position ...
March 20, 2023
BY
Alfred Bui
NTD Evening News (March 20): Surprise Witness Testifies in Trump Case; China’s Xi Stresses Close Ties With ‘Dear Friend’ Putin
Attorney Robert Costello gave unexpected testimony on March 20 in the New York hush money investigation of former ...
March 20, 2023
BY
Stefania Cox
The Fed Is Running Two Policies at Once
Commentary Last week was a grim reminder that the economic chaos of the lockdown period is far from ...
March 20, 2023
BY
Jeffrey A. Tucker
Elon Musk Shocked by $100 Billion Liquidity Support for Credit Suisse Rescue Deal
Twitter CEO Elon Musk has expressed his shock that investment banking company UBS would get a $100 billion ...
March 20, 2023
BY
Katabella Roberts
Credit Suisse Shares Crash to Record Low After Emergency Takeover
Credit Suisse shares dove by 63 percent in early trading on March 20 to a new low after ...
March 20, 2023
BY
Tom Ozimek
UK Financial System ‘Safe and Sound,’ Central Bank Says After Credit Suisse Deal
Britain’s central bank has said the UK financial system remains “safe and sound” as it seeks to calm ...
March 20, 2023
BY
Alexander Zhang
The Swiss Banking Sector: More Holes than Swiss Cheese
Commentary When someone says Switzerland, you might think of clocks and banks. All because of the country’s reputation ...
March 20, 2023
BY
Eric Abetz
Swiss Government: UBS to Take Over Credit Suisse for More Than $3 Billion
Investment banking company UBS has agreed to purchase its rival Credit Suisse in a deal worth more than ...
March 19, 2023
BY
Emel Akan
TOP NEWS
Israel Strikes Iran After Tehran’s Missile Attack
2hr
By
T.J. Muscaro
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
3hr
By
Epoch Times Staff
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
7hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
7hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
9hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
9hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
11hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
11hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
12hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
16hr
By
Lawrence Wilson