The US Department of Justice (DOJ) has turned up the heat on Credit Suisse Group and UBS over suspicions that the compliance failures allowed Russian clients to evade sanctions, according to a Bloomberg report.

US: DOJ opens probe into UBS, Credit Suisse over alleged Russian sanctions evasion

Gold prices have crossed 60,000 Rupees for 10 grams for the first time. The rally comes amidst the U.S. banking crisis and the collapse of Credit Suisse. Is gold the safest investment? Molly Gambhir tells you.

Gravitas: US Banking Crisis | Gold prices hit record high. Is it a good time to invest?

Days before a hastily convened press conference late on Sunday that would make the world's front pages, Switzerland's political elite were secretly preparing a move that would jolt the globe.

What went down before Credit Suisse-UBS Group deal was announced?

Over $17.3 billion worth of bonds issued by the struggling Credit Suisse bank has become worthless overnight after rival UBS Group AG pitched in with the takeover bid.

Over $17 billion worth of bonds become zero after Credit Suisse takeover by UBS