Zurich Insurance to Sell Russian Business to Local Team May 20, 2022 By Brenna Hughes Neghaiwi Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as...
Credit Suisse Investors Push for Faster Climate Action April 26, 2022 By Simon Jessop and Brenna Hughes Neghaiwi A group of Credit Suisse investors pushing for faster climate action at the Swiss bank has more than doubled in...
Credit Suisse Shareholders Advised Against Clearing Board of 2020 Liability April 13, 2022 By Brenna Hughes Neghaiwi and Oliver Hirt Proxy advisers Glass Lewis and ISS have recommended Credit Suisse’s shareholders vote against discharging the bank’s board and management from...
Credit Suisse Faces $500M-Plus Bill After Ex-Georgian PM Wins Bermuda Court Case March 30, 2022 By Brenna Hughes Neghaiwi A Bermuda court on Tuesday ruled former Georgian Prime Minister Bidzina Ivanishvili and his family are due damages “substantially in...
Credit Suisse Faces Charges It Let Alleged Bulgarian Cocaine Traffickers Launder Money February 8, 2022 By Brenna Hughes Neghaiwi and Silke Koltrowitz Credit Suisse faced charges in a Swiss court on Monday of allowing an alleged Bulgarian cocaine trafficking gang to launder...
Update: Credit Suisse Files 5 Insurance Claims Related to Greensill-Linked Funds January 13, 2022 By Brenna Hughes Neghaiwi ZURICH — Credit Suisse has filed five insurance claims related to $1.17 billion in exposure across two of its Greensill-linked...
Credit Suisse Begins Filing Insurance Claims Over Greensill-Linked Funds September 8, 2021 By Brenna Hughes Neghaiwi A first insurance claim has been filed and more are being prepared in Credit Suisse’s efforts to recover funds from...
Credit Suisse Investors Express Concern About Fallout from Greensill Collapse March 16, 2021 By Brenna Hughes Neghaiwi, Carolyn Cohn and Oliver Hirt ZURICH — Credit Suisse warned it may have to book a charge over its dealings with Greensill, as scrutiny grows...
Credit Suisse Faces Questions from Regulators, Insurers After Collapse of Greensill Funds March 11, 2021 By Brenna Hughes Neghaiwi, Makiko Yamazaki and Pamela Barbaglia ZURICH/TOKYO – Credit Suisse faces questions from regulators and insurers as it grapples with the fallout from the collapse of...
Zurich 2020 Profit Drop of 8% Reflects Pandemic, Catastrophe Claims February 12, 2021 By Brenna Hughes Neghaiwi Zurich Insurance’s new capital target disappointed market expectations on Thursday, even as claims related to the COVID-19 pandemic and higher...