Axel Lehmann

Investors and employees at Swiss bank Credit Suisse are growing nervous following the news that the financial institution has collapsed. On Monday afternoon Australian time (Sunday local time), investment bank Credit Suisse announced that…

As the world reels from the shock Credit Suisse collapse, a cheeky post-it note in a Sydney office has managed to sum up the disaster in just three letters. On Monday, news broke that fellow Swiss bank UBS would take over its embattled…

The controversial rescue deal for troubled lender Credit Suisse and the continuing fallout from the collapse of Silicon Valley Bank indicates the world is sliding into a crisis “far worse” than the GFC, one analyst has argued.Following…

Australia’s stock exchange will plunge by an eye-watering two per cent off the back of the news that major European bank Credit Suisse is on the brink.On Thursday morning, CommSec, an arm of the Commonwealth Bank, warned that the Australian…

Shares in major investment bank Credit Suisse plunged by 26 per cent last night as the financial institution teetered on the brink.Trading in Credit Suisse - the world’s seventh largest investment bank - was suspended several times as stock…