News

The Department of Justice said Credit Suisse Services AG will hand over more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.
Credit Suisse Services AG pleaded guilty and was sentenced on Monday for conspiring to hide more than $4 billion from the U.S. Internal Revenue Service in at least 475 offshore accounts, the ...
More than half of Credit Suisse's global workforce will be pruned beginning in July, Bloomberg reports, citing unidentified people familiar with the matter. That's more than 20,000 people.
Credit Suisse's Matsuzaka was named to MergerLinks' top rankings of FIG bankers in North America in 2020. In 2018, Matsuzaka was tapped to co-head Credit Suisse's insurance investment banking ...
The world watched in shock as Credit Suisse, one of the most established global banking and financial services institutions, collapsed and was eventually acquired by UBS. A significant factor in ...
UBS Group’s emergency bailout of struggling lender Credit Suisse reportedly could result in “tens of thousands” of layoffs — and worried bankers are already said to be scrambling to ...
My InsiderUBS on Sunday said it plans to buy embattled Credit Suisse in a deal valued at 3 billion Swiss francs ($3.2 billion), which will see it take on up to $5.4 billion in its former rival's ...
The Riyadh-based bank loaded up on Credit Suisse shares for 3.82 francs ($4.12) apiece in November – way clear of the 0.76 francs that UBS will pay the Swiss lender's shareholders as part of its ...
Credit Suisse is not out of the woods just yet. Shares in the Swiss lender fell by as much as 12% Friday, erasing most of Thursday’s gains, as investors feared that a $54 billion lifeline from ...
Topline Credit Suisse on Thursday said it is exercising an option to borrow $53.75 billion (CHF 50 billion) from the Swiss National Bank, as it looks to stave off concerns about its liquidity a ...
Credit Suisse shares slumped by as much as 30% on Wednesday after its largest shareholder said it could not provide further support, prompting the Swiss bank's CEO to make new assurances on its ...