Credit Suisse News
Credit Suisse in Chaos After Chairman Ousted for Breaching COVID Rules
The banker tasked with fixing Credit Suisse Group AG was ousted just nine months into the job for breaching COVID quarantine rules, throwing the Swiss financial giant into fresh turmoil as it ...
Judge Asks Who’s to Blame If Employee ‘Goes Rogue’
As the five-week trial of a Credit Suisse Group AG life insurance unit began to wind down last Thursday afternoon, the presiding judge cut to the chase. Lawyers for Credit Suisse Life (Bermuda) Ltd. ...
Goldman Sachs, Bank of America, Others Must Face Stock Lending Antitrust Suit
Major banks including Goldman Sachs Group Inc., Bank of America Corp., Credit Suisse Group AG and JPMorgan Chase & Co. must face allegations that they conspired to prevent the "antiquated" stock ...
Credit Suisse Will Pay $5.3B to Settle U.S. Mortgage Case
Credit Suisse has formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 ...
Why Credit Suisse Got a Bigger Penalty than UBS: Lack of Cooperation Tied to Swiss Laws
U.S. prosecutors first raised the specter of a criminal plea by Credit Suisse Group AG more than two years after starting an investigation into whether the Swiss bank had helped wealthy Americans ...