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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 ...
This anticipated move follows the October 2023 addition of Steve Hulce, former head of convertible bond sales at Credit Suisse, to TD Cowen's team.
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 ...
Zurich-listed shares in Credit Suisse tumbled 54.3% to 0.85 Swiss francs ($0.92) at last check, dropping as much as 60% in premarket trading. US-listed shares in the financial giant were 53.2% ...
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 ...
Credit Suisse stock slid almost 10% Friday, pulling back after it jumped as much as 20% the previous day. The declines came even after the SNB agreed to loan $54 billion to the Swiss banking giant.
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 on Tuesday published its annual report for 2022 saying the bank had identified “material weaknesses” in controls over financial reporting and not yet stemmed customer outflows.