Credit Suisse Archives

2 min

Qatar Investment Authority explores legal action over Credit Suisse forced sale

QIA stands to lose roughly $330 million on its equity stake in Credit Suisse as a result of the sale to rival UBS, Reuters calculations show. Qatar’s sovereign wealth fund, Credit…

2 min

UBS seeks to finalise Credit Suisse acquisition before July

Qatar Investment Authority began investing in Credit Suisse during the 2007-2008 global financial crisis. The Swiss UBS bank is seeking to complete the acquisition of Credit Suisse, as Switzerland’s largest…

2 min

Saudi National Bank chair resigns following ‘fear-mongering’ comments on Credit Suisse

Qatar Investment Authority began investing in Credit Suisse during the 2007-2008 global financial crisis. Saudi National Bank (SNB), Credit Suisse’s largest shareholder prior to its acquisition by UBS this month,…

2 min

Qatar to witness major loss following UBS deal with Credit Suisse

QIA began investing in Credit Suisse during the 2007-2008 global financial crisis. Qatar and Saudi Arabia stand to lose a significant amount from their Credit Suisse investments, following reports on…

2 min

Swiss court launches criminal proceedings in Credit Suisse’s ‘dirty money’ data leak

Some of the accounts included one belonging to a Yemeni spy chief implicated in torture, a Serbian drug lord, and the sons of ousted Egyptian president Hosni Mubarak. Swiss federal…

2 min

Qatar becomes Credit Suisse’s second-largest shareholder after pumping up stakes: reports

The Qatari sovereign wealth fund began investing in Credit Suisse during the 2007-2008 global financial crisis. Qatar Investment Authority (QIA) became Credit Suisse’s second-largest shareholder after doubling its stakes, reaching…

3 min

Credit Suisse to expand operations in Qatar with new tech hub

In 2021, the Qatar Investment Authority (QIA) reduced its stake in Credit Suisse Group AG to less than 5%. Credit Suisse will expand in Qatar through a partnership with the Investment…

2 min

Business

Qatar ‘in talks’ for £4 billion Selfridges sale: reports

In July, owners of the department store, the Weston family, launched an auction to sell Selfridges with a price tag starting at £4 billion. The owners of department store Selfridges…

2 min

Business

Qatar wealth fund raises Credit Suisse stakes in convertible bond subscription

Qatar’s sovereign wealth fund has subscribed to two convertible bonds of Credit Suisse, raising its stake in the bank to 6%. Qatar Investment Authority’s (QIA) stake in Credit Suisse has…

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