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 ...
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.
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 ...
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 ...
UBS on Thursday said findings drawn up by bodies in Switzerland looking into the 2023 collapse of Credit Suisse could result in "more stringent regulation" in future. UBS, which acquired its smaller ...
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.
"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 ...
LONDON/ZURICH, March 15 (Reuters) - A year after the banking crisis that felled Credit Suisse, authorities are still considering how to fix lenders' vulnerabilities - including in Switzerland ...
UBS has sealed the sale of Credit Suisse's securitised products business to Apollo Global Management as part of efforts to ...
Khaleel Mohideen,Managing Director, Head of Program Trading,Asia Pacific Email: khaleel.mohideen@credit-suisse.com Tel: +852 2101 6209 Credit Suisse takes a holistic approach to all aspects of program ...