04/19/2023

Citi Estimates Post-Takeover Outflows at CS

In the worst-case scenario, the estimated figure could reach one-third, or 162 billion francs, due to cultural differences between UBS and Credit Suisse leading to increased attrition or rivals successfully luring bankers and clients.

04/19/2023

Bank Reyl Fined Once Again in France

In addition, partner and general manager François Reyl was also convicted in the case involving practices at the bank from 2009 to 2013 and fined half a million euros.