News

A former Credit Suisse Group AG banker who admitted to his role in a $2 billion fraud and money-laundering scheme avoided ...
Credit Suisse Group has appointed Jay Kim to its asset-backed securities (ABS) team, The Wall Street Journal reports. Kim will be responsible for managing the ABS business, which was earlier ...
becoming the first major global bank to sell the risky securities since similar bonds issued by Credit Suisse were wiped out last month. Reuters, the news and media division of Thomson Reuters, ...
The new charges stem from revelations that Credit Suisse violated the terms of a 2014 plea agreement under which the bank had paid $2.6 billion — the largest criminal tax penalty in US history ...
Credit Suisse Group AG has hired BlackRock Inc. to help sell a portfolio of structured bonds for the Swiss bank, becoming the latest entity to tap the money manager in a time of crisis. BlackRock ...
A top Swiss court on Wednesday acquitted Credit Suisse, now part of UBS, of failing to prevent money laundering by a Bulgarian cocaine trafficking gang, overturning a 2022 conviction. The Federal ...
Credit Suisse ran into significant issues last week, forcing regulators to work out a deal for the bank. UBS is getting a great deal that includes downside protections and that should benefit ...
Credit Suisse will pay about $511 million after pleading guilty in a criminal case for having conspired with American taxpayers to hide more than $4 billion in at least 475 offshore accounts.
Credit Suisse, the 167-year-old bank and the second-largest lender in Switzerland, is in deep trouble. The bank said it would borrow up to 50 billion Swiss francs ($53.7 billion) from the Swiss ...
Credit Suisse's stock has struggled all week. While shares bounced on the liquidity news, they are back on the decline today along with the broader market. As the banking sector in the U.S. has ...
Shares of Credit Suisse jumped Thursday after saying it would borrow up to $54 billion from Switzerland's central bank, an emergency step intended to prop up investor confidence in the troubled ...
Troubled bank Credit Suisse will be acquired by Swiss rival UBS, a move engineered by the Swiss government in an effort to quell concerns of a financial crisis. While the takeover offered a ...