ABIDJAN, Ivory Coast (AP) — A court in Ivory Coast ruled on Tuesday that Tidjane Thiam, a former CEO of Credit Suisse, is not eligible to run for president because of his dual Ivorian-French ...

Tidjane Thiam, a former banker, has won a near-unanimous vote to represent the Democratic Party of Ivory Coast in the forthcoming presidential election.

The troubles at Credit Suisse threatened to unhinge Switzerland's position as a leading financial market, and the takeover left the country with only one internationally important bank: UBS.

The Swiss government has announced steps to bolster its "too big to fail" rules aimed to avoid potentially disastrous fallout from banking sector turmoil.