Ammar Al-Khudairy News

09.07 / 19:07
UBS National stake Saudi National Bank wanted 40% stake in Credit Suisse: Report
Credit Suisse's largest shareholder, the Saudi National Bank, wanted to raise its stake to 40% ahead of the Swiss bank's collapse in March, Swiss newspaper Blick reported. The lender, which held just under 10% of Credit Suisse shares, had approached the Swiss government and regulators with a group of investors to inject $5 billion into the beleaguered bank, according to the newspaper, which cited two sources it didn't identify.
27.03 / 09:33
CEO UBS National Saudi National Bank chair resigns just days after Credit Suisse comments sparked sell-off
Saudi National Bank Chairman Ammar al-Khudairy resigned his post on Monday, days after his comments exacerbated the share collapse of troubled bank Credit Suisse.
27.03 / 06:49
National Chair of Saudi National Bank who sparked Credit Suisse turmoil resigns
Ammar Al Khudairy, the chair of Saudi National Bank, has reportedly resigned and will be replaced by the bank’s chief executive officer, Saeed Mohammed Al Ghamdi, Bloomberg reported on 27 March.
16.03 / 00:49
business Blockchain Credit Suisse Swiss National Support Swiss National Bank says it will support credit Suisse if necessary
The Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority released a joint statement on March 15 on the stability of the Swiss banking system and Credit Suisse. The problems of “certain banks in the USA” do not pose a risk for the Swiss financial system, they wrote.
15.03 / 13:39
Provident Lowe's Reuters Credit Suisse shares slide 20% after Saudi backer rules out further assistance
Shares of embattled bank Credit Suisse hit another all-time low for a second consecutive day, dropping by as much as 18.3% around 10 a.m. London time on Wednesday.
01.11 / 11:05
Why Credit Suisse is attractive to Saudi Arabia’s largest bank
Saudi Arabia’s largest bank will soon be the biggest investor in Credit Suisse and wants to bring the Swiss lender deeper into the kingdom’s booming financial markets while expanding ties to rich Middle Easterners.

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Who is Ammar Al-Khudairy?

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