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Credit Suisse

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UBS reports pre-tax loss but benefits of Credit Suisse merger gathering steam

Digital Desk -
Swiss banking giant UBS reported a 255 million US dollar (£206 million) pre-tax loss in the third quarter as it shed some 4,000 jobs...
BUSINESS

Credit Suisse investors sue after facing billions in losses

Digital Desk -
A group of Credit Suisse investors has sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left it...
BUSINESS

Credit Suisse still helps rich Americans evade taxes, says US Senate

Digital Desk -
US lawmakers said Credit Suisse kept allowing wealthy Americans to dodge tax payments, finding after a two-year investigation that the embattled Swiss bank had...
BUSINESS

Credit Suisse to pay £207.5m to settle French tax fraud case

Digital Desk -
Credit Suisse has agreed to pay 238 million euros (£207.5 million) to settle tax fraud allegations, French prosecutors have said, in the latest blow...
BUSINESS

Credit Suisse chief resigns as bank posts second quarter loss

Digital Desk -
Credit Suisse has said its chief executive Thomas Gottstein is resigning after two and a half years in the job, as he announced “disappointing”...
BUSINESS

Leak gives details on more than 30,000 Credit Suisse bank clients

Digital Desk -
A leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients and points to possible...
BUSINESS

Credit Suisse indicted over alleged ties to Bulgarian mafia

Digital Desk -
Swiss prosecutors have filed an indictment against bank Credit Suisse for allegedly failing to do enough to stop money laundering linked to drug trafficking...
BUSINESS

Credit Suisse to shut 37 bank branches in Switzerland

Digital Desk -
Swiss bank Credit Suisse said it plans to close 37 branches in its home country as part of an effort to streamline its business,...

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