The judges looked at whether Credit Suisse and the former employee did enough to prevent an alleged Bulgarian cocaine trafficking gang from laundering profits through the bank from 2004 to 2008.
BELLINZONA, Switzerland (Reuters) -A former Credit Suisse banker testifying in a cocaine money laundering trial on Wednesday said she had followed the instructions of her bosses in doing business ...
This weekend marks the first anniversary of the scariest moment in European banking of the past decade. It was a testing time ...
Credit Suisse executives could be probed and disciplined ... and it was fined $2 million for laundering cocaine cash for Bulgarian criminals last year. "CS had a cultural problem that translated ...
LONDON, March 15 (Reuters Breakingviews) - The beasts of the investment banking jungle have feasted on Credit Suisse’s carcass. In the year since the Swiss lender collapsed, competitors have ...
Credit Suisse, which was Switzerland's second-biggest bank, was also fined $2 million in a money laundering case linked to a Bulgarian cocaine network. Click here to read more about it.
ZURICH, Feb 23 (Reuters) - Switzerland's parliamentary inquiry into Credit Suisse's collapse and takeover by UBS (UBSG.S), opens new tab said on Friday it had filed a criminal complaint with the ...
If all goes as planned, Credit Suisse will be absorbed into UBS, ending a 167-year history. The Swiss bank was for decades one of the flagships of European finance and a source of pride for ...
Credit Suisse is definitely sinking into the crisis. The emergency plan, launched in October, already seems to be far away, as the bank's difficulties do not seem to want to go away.
UBS has sealed the sale of Credit Suisse's securitised products business to Apollo Global Management as part of efforts to ...
"Credit Suisse is pleased to have reached an agreement ... the bank was convicted of failing to prevent money laundering by a Bulgarian cocaine trafficking gang, while a Bermuda court ruled ...
UBS Group AG is set to scrap a planned phaseout of coal financing that Credit Suisse had backed, as the global wealth manager prepares to unveil how the merged bank will tackle climate change ...