Credit Suisse
-
Credit Suisse CEO Resigns Over Spying of Two Ex-Colleagues
EghtesadOnline: Credit Suisse CEO Tidjane Thiam says he is resigning after nearly five years on the job, acknowledging that a spying scandal caused “anxiety and hurt” and tarnished the reputation…
-
Credit Suisse Taken by Surprise in Five-Nation Tax Probe
EghtesadOnline: Credit Suisse Group AG and its home country of Switzerland were surprised by a tax evasion and money laundering investigation that spans five countries from Australia to the U.K.…
-
A Sudden Burst of Activity on Mortgage Litigation
EghtesadOnline: In the span of just 12 hours, three U.S. enforcement matters left over from the financial crisis made significant progress: Deutsche Bank AG and Credit Suisse Group AG separately…
-
Deutsche Bank, Credit Suisse Settle U.S. Subprime Probes
EghtesadOnline: Deutsche Bank AG and Credit Suisse Group AG agreed to pay a combined $12.5 billion to resolve U.S. investigations into sales of the toxic debt that fueled the financial crisis,…
-
U.S. proposed $5-7 billion penalty for Credit Suisse on toxic debt - source
EghtesadOnline: The U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to the…
-
Credit Suisse in Talks to Secure Full Saudi Arabian Bank License
EghtesadOnline: Credit Suisse Group AG is seeking to secure a key banking license in Saudi Arabia as part of plans to expand in the kingdom.
-
Oil Price ‘Roller Coaster’ Spurs a Rush for Young Investors
EghtesadOnline: Chris Santos likes a little spice in his investing life. That’s why the 26-year-old Toronto man trades Credit Suisse Group AG’s VelocityShares 3x Long Crude ETN, which offers…