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CREDIT SUISSE SCANDALS
- JPMorgan exec Lorna Hajdini fights back, sues ex-banker Chirayu Rana for defamationLorna Hajdini defamation lawsuit explained: JPMorgan executive Lorna Hajdini has sued former banker Chirayu Rana for defamation, vehemently...
UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sourcesUBS' takeover of Credit Suisse marks the first-ever merger of two global systematically important banks after the latter suffered years of ...- Credit Suisse owes millions to Georgia's billionaire ex-prime minister, court saysThe billionaire businessman, who amassed a fortune in Russia before serving as Georgia's prime minister from 2012 to 2013, sued the Swiss b...
- Credit Suisse's problems began years ago, says UBS CEO Sergio ErmottiUBS CEO Sergio Ermotti, who returned to Switzerland's biggest bank last month to handle the merger, said it was "crystal clear, the situati...
- Credit Suisse CEO to join board in mega merger: UBSSwiss banking giant, UBS, has confirmed that Ulrich Koerner, CEO of Credit Suisse will join its board following the acquisition of its dome...
- Federal Reserve backs UBS purchase of Credit Suisse US unitsLast month, UBS agreed to buy Credit Suisse in a historic, government-brokered deal. The move came after Credit Suisse endured a series of ...
- Swiss prosecutors say investigating UBS-Credit Suisse mergerIn an email to AFP, prosecutors said they issued orders to investigate after "taking stock of the situation with all the relevant internal ...
- Up to 36,000 jobs may go in UBS-Credit Suisse merger: ReportsThe takeover by UBS of Credit Suisse was hastily arranged by the Swiss government on March 19 to prevent a global financial meltdown, follo...
- Credit Suisse's troubles - spies, money laundering and takeoverSwitzerland's UBS has agreed to buy rival Credit Suisse for 3 billion Swiss francs in stock in a shotgun merger engineered by Swiss authori...
- Credit Suisse says outflows have stabilized but not reversedBattered by a string of scandals, the bank saw a sharp acceleration in customer withdrawals in the fourth quarter, with outflows of more th...
- Credit Suisse's ex-top backer fully cuts ties after 2 decadesCredit Suisse has been escalating efforts to win back clients and stem an exodus of senior staff that's dealt a blow to its wealth business...
- Credit Suisse says ex-employee took staff salary dataSwitzerland's second biggest bank confirmed the data breach on Tuesday after it was reported by financial recruitment and news website eFin...
- Credit Suisse posts biggest loss since 2008 financial crisisCiting the impact from restructuring charges and its exit from non-core businesses, Credit Suisse said in a statement that it .would also e...
- Credit Suisse in spotlight ahead of strategy shiftThe embattled Swiss lender is trying to recover from a string of scandals and lawsuits and could embark on a fundamental revamp to slim dow...
- Credit Suisse Group to sell US asset management arm: ReportsTroubled Swiss bank Credit Suisse lost over $5 billion after investment from Archegos collapsed. Now, reports have suggested that the bank ...
- Credit Suisse pays $495 million to settle legacy caseCredit Suisse said it would make the pay-out to settle claims brought by the New Jersey Attorney General related to the bank's residential ...
- Credit Suisse's scandals - spies, lies and money launderingThe bank is battling market skepticism about its financial health after a string of scandals, months after it was found guilty by Switzerla...
- Credit Suisse considers splitting investment bank in threeThe proposals could see the investment bank split into three parts: the group's advisory business, which might be spun off at some later po...
- Credit Suisse slashes top executives' bonuses 64% for torrid 2021Credit Suisse's 2021 was marked by the collapse of $10 billion in supply chain finance funds linked to insolvent British finance firm Green...
- Embattled Credit Suisse chief Tidjane Thiam steps down"The Board of Directors of Credit Suisse Group has unanimously accepted the resignation of Tidjane Thiam and appointed Thomas Gottstein as ...
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