Credit Suisse found guilty in money-laundering case BELLINZONA: Credit Suisse and a former employee have been found guilty by Switzerland's Federal Criminal Court of... Published 27 Jun, 2022 07:12pm
Print Russian oligarch sues Credit Suisse over alleged $515m loss GENEVA: Russian oligarch Vitaly Malkin is suing Credit Suisse for the loss of $515 million he claims was the fault ... Updated 20 Jun, 2022 09:55am
Business & Finance Credit Suisse rejects $515 million claim linked to fraudulent adviser ZURICH: Credit Suisse on Sunday rejected a claim by Russian businessman Vitaly Malkin for 500 million francs... Published 19 Jun, 2022 05:07pm
Markets Standard Chartered CEO sees shallow and short recession by early 2023 MUMBAI: Standard Chartered Chief Executive Bill Winters expects central banks' fight against surging inflation,... Updated 08 Jun, 2022 07:54pm
Markets Credit Suisse flags second-quarter loss as investment bank drags ZURICH: Credit Suisse warned on Wednesday of a likely group-wide second-quarter loss as volatility hits its... Published 08 Jun, 2022 01:43pm
Business & Finance Credit Suisse weighs options to strengthen capital ZURICH: Credit Suisse is in the early stages of weighing options to bolster its capital after a string of losses has... Published 01 Jun, 2022 05:53am
Markets Credit Suisse weighs options to strengthen capital ZURICH: Credit Suisse is in the early stages of weighing options to bolster its capital after a string of losses ... Published 31 May, 2022 11:58am
Business & Finance JPMorgan raises 2022 interest income outlook NEW YORK: JPMorgan Chase & Co lifted its forecast for interest income and affirmed its profitability target as ... Published 24 May, 2022 06:13am
Markets Credit Suisse sees $600mn hit from Bermuda court case ZURICH: Credit Suisse expects a Bermuda court case to cost the group about $600 million, the Swiss bank said in its... Published 05 May, 2022 12:34pm
Business & Finance Ukraine war pushes Credit Suisse deeper into red ZURICH: Swiss banking giant Credit Suisse said Wednesday that litigation costs and the financial fallout from the ... Published 28 Apr, 2022 05:37am
Business & Finance Credit Suisse announces management reshuffle, Q1 loss ZURICH: Credit Suisse on Wednesday posted a 273 million Swiss franc ($283.6 million) first-quarter loss, extending... Published 27 Apr, 2022 11:09am
Business & Finance Credit Suisse poised to revamp senior management ZURICH: Loss-making Credit Suisse could shake up senior management as new Chairman Axel Lehmann seeks to put the... Published 25 Apr, 2022 06:17am
Business & Finance Credit Suisse takes hit from Ukraine war, litigation ZURICH: Swiss banking giant Credit Suisse warned Wednesday that it will face a loss in the first quarter due to the... Published 20 Apr, 2022 02:56pm
Business & Finance Proxy firms advise against granting Credit Suisse managers 2020 liability discharge ZURICH: Proxy advisers Glass Lewis and ISS have recommended Credit Suisse’s shareholders vote against discharging... Published 13 Apr, 2022 06:03am
Markets Credit Suisse says it has taken measures to prevent risks similar to Greensill ZURICH: Credit Suisse said it had taken measures, such as separating its asset management from the rest of the... Published 04 Apr, 2022 12:56pm
World Credit Suisse faces $500m plus bill after ex-Georgian PM wins court case ZURICH: A Bermuda court on Tuesday ruled former Georgian Prime Minister Bidzina Ivanishvili and his family are due... Published 30 Mar, 2022 06:08am
Markets US lawmakers probe c on compliance with Russia sanctions US lawmakers are probing Credit Suisse Group AG’s compliance with sanctions related to Russia’s invasion of Ukraine... Published 28 Mar, 2022 08:27pm
Markets UBS and Credit Suisse make further progress in emergency plans ZURICH: UBS and Credit Suisse (CSGN.S) have made further progress in how they would stabilise and restructure... Published 24 Mar, 2022 12:30pm
Markets Scandal-hit Credit Suisse shakes up board with Schwan exit ZURICH: Credit Suisse shook up its board on Monday, including the departure of its influential vice chair Severin... Published 21 Mar, 2022 05:47pm
Markets Credit Suisse CEO says 4% of bank’s wealth management assets held by Russians ZURICH: Around 4% of the assets Credit Suisse manages in wealth management belong to Russian clients, Chief... Published 15 Mar, 2022 05:59pm
Business & Finance Credit Suisse reveals over $900m exposure to Russia ZURICH: Swiss banking giant Credit Suisse said Thursday that its exposure to Russia totalled over $900 million at ... Published 11 Mar, 2022 05:12am
Markets Credit Suisse aims to nearly halve emissions financing to fossil fuels by 2030 ZURICH: Credit Suisse set new targets on Thursday to nearly halve its exposure to the financing of emissions from... Published 10 Mar, 2022 08:03pm
Markets Europe’s banks reveal billions worth of Russia risk as sanctions bite LONDON: Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at end 2021,... Published 10 Mar, 2022 05:40pm
Markets Credit Suisse slashes top executives’ bonuses 64% for torrid 2021 ZURICH: Credit Suisse executives took home less pay in 2021, its annual report showed on Thursday, as top managers... Published 10 Mar, 2022 12:23pm
Markets Credit Suisse files lawsuits against Australia's IAG over Greensill collapse SYDNEY: Credit Suisse Group AG joined creditors of Greensill Capital by filing lawsuits in Australia seeking... Published 03 Mar, 2022 12:18pm
Opinion Assets held abroad: Misinterpretation of law There were the Panama Leaks in 2017 followed by the Paradise Leaks and Pandora Leaks. Now there is a Swiss Leak... Updated 03 Mar, 2022 09:58am
Business & Finance Credit Suisse tries to aid US block trading probe of rivals NEW YORK: Credit Suisse Group AG is trying to help the US Department of Justice potentially build a case related to... Published 26 Feb, 2022 04:37am
Opinion Once upon a fault line Few people would’ve noticed the irony in the PM going to the Moscow and the Credit Suisse expose, the ‘Suisse... Published 24 Feb, 2022 06:34am
Markets 'Suisse Secrets' puts Swiss banking back in spotlight ZURICH: The "Suisse Secrets" data leak claiming to reveal how Credit Suisse handled billions of dollars in dirty... Published 22 Feb, 2022 11:03am
World Investigation claims Credit Suisse handled dirty money PARIS: Credit Suisse handled billions of dollars in dirty money for decades, an international media investigation... Published 22 Feb, 2022 04:43am