Swiss banking giants risk client flight over subprime: analysts
96386
Swiss banking titans UBS and Credit Suisse risk losing clients to smaller rivals as annual results next week reveal the heavy impact of the US subprime crisis on their balance sheets.
287398
China's banks will suffer a rise in  non-performing assets due to the U.S subprime crisis and  domestic credit tightening, a senior economist said in remarks  published on Tuesday amid mounting concern about the industry.
426519
UBS, Switzerland's largest bank, recorded third quarter losses of 830 million Swiss francs (495 million euros, 713 million dollars) Tuesday, blaming a lack of liquidity following a crisis in the US home loans market.
653360
The problems of subprime loans hint at broader risks in financial markets.
181750
Wary financial markets awaited a public appearance by European Central Bank chief Jean-Claude Trichet on Monday after a German bank holed by the U.S. subprime mortgage crisis was sold.
120831
Subprime-related problems at UBS AG mounted on Wednesday as the Swiss bank unveiled $4 billion in new write-downs in a surprise statement and sank deep into the red for the year.
97714
The Swiss bank reported its first quarterly loss in five years after hefty writedowns on subprime-related investments, but said it expects a group profit in the last quarter.
704813
Swiss banking giant Credit Suisse reported a 3.0-percent gain in underlying net earnings last year, in line with market expectations and despite big asset writedowns linked to current financial market turbulence.
659824
Credit Suisse  reduced total  write-downs from the subprime crisis on Tuesday in dramatic  contrast to rising charges by rivals, and raked in billions of  new investments from wealthy clients.
732506
Although several of the nationâs biggest banks reported some of their best results ever this week, investors are worried about tougher times ahead.
175530
Citigroup said in a research note that UBS  could face up to 20 billion Swiss francs ($18.10 billion) in new writedowns in 2008 after revealing it has $80 billion in exposures to subprime loans and other debt.
469807
Credit Suisse Group, Switzerland&#39;s second-biggest bank, may eliminate hundreds of jobs at its securities unit to lower costs that are among the highest on Wall Street, people familiar with the matter said.
120866
New York prosecutors are investigating whether Wall Street banks withheld information about the risks stemming from subprime loan-linked investments, The New York Times reported on Saturday.
552736
Fed boss Ben Bernanke is monitoring problems at bond insurers that may see more sub-prime banking losses.
516038
Swiss bank says $2.85 billion in new write-downs will hit its next quarterly results.
390870
Credit Suisse analysts estimated banks could lose up to $52 billion over time due to their exposure to collateralized debt obligations that invested in U.S. subprime mortgages.
343285
After escaping a rising tide of  subprime defaults earlier this year, leading U.S. investment  banks and brokerages face an opaque offshoot of those risky  mortgages.