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Credit Suisse

Credit Suisse says it faces tax probes in multiple countries

Credit Suisse says it faces tax probes in multiple countries
By: Financial Times Credit Suisse has confirmed it is the subject of tax investigations launched in the UK, France and the Netherlands, setting back Switzerland’s attempts to clean up its image as a haven for tax evaders. The Swiss bank said on Friday ...

Credit Suisse CEO pockets US$12 million despite back-to-back losses

Credit Suisse CEO pockets US$12 million despite back-to-back losses
ZURICH: Credit Suisse Chief Executive Tidjane Thiam's pay for his first full year in the job swelled to 11.9 million Swiss francs (US$12 million), while bonuses rose 6 percent despite back-to-back annual losses at Switzerland's second-biggest bank. Executive ...

Credit Suisse flags 6,500 job cuts in 2017 after US$2.4 billion loss

Credit Suisse flags 6,500 job cuts in 2017 after US$2.4 billion loss
ZURICH: Credit Suisse will cut up to 6,500 more jobs in 2017, as Chief Executive Tidjane Thiam pushes ahead with a major restructuring which he said on Tuesday might now no longer include floating the bank's Swiss business. The plan to spin off a minority...

Deutsche Bank and Credit Suisse pay billions to settle US probe

Deutsche Bank and Credit Suisse pay billions to settle US probe
By: Alistair Gray, Peter Wells, David Lynch and Martin Arnold Deutsche Bank and Credit Suisse have agreed to pay out billions to resolve a probe into the alleged mis-selling of mortgage-backed securities at the height of the US ...

Credit Suisse Must Face New York Mortgage Suit, Court Says

Credit Suisse Must Face New York Mortgage Suit, Court Says
By Chris Dolmetsch - New York A.G. sued bank for fraud in sale of mortgage bonds - Appeals court upholds ruling denying bid to dismiss case Credit Suisse Group AG must face New York Attorney General Eric Schneiderman’s $10 billion lawsuit accusing the...

Who's behind the blog

Who's behind the blog

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