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Business

Credit Suisse on the defensive after dirty money data leak

  • Investigative journalism network publishes client data
  • More than 18,000 accounts held more than $100 billion – NYT
  • Credit Suisse rejects allegations of wrongdoing
  • Government says Switzerland upholds international standards
  • Shares lose almost 3%

ZURICH/VIENNA, Feb 21 (Reuters) – Credit Suisse (CSGN.S) was plunged into a dirty money scandal on Monday

 
nikholas
February 22, 2022
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Business

Credit Suisse says its revamp intact despite chairman’s exit over COVID-19 breaches

Chairman Antonio Horta-Osorio apologises for personal actionsQuits within one year after taking chargeBank appoints former UBS executive Axel Lehmann as chairmanLehmann says bank's strategy is...

nikholas
January 17, 2022
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Business

Credit Suisse Bets Future on Managing More Rich People’s Money

Credit Suisse Group AG’s CS -0.32{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} new chief executive said managing rich people’s money will be a priority for the bank, setting a target to...

nikholas
December 15, 2020
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Business

Credit Suisse earmarks more than $300 billion for sustainable finance

LONDON (Reuters) - Credit Suisse plans to provide at least 300 billion Swiss francs ($328.41 billion) in sustainable financing over the next decade in areas...

nikholas
July 30, 2020
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Business

Credit Suisse Overhauls Rules for Funds Accused of Conflicts

(Bloomberg) -- Credit Suisse Group AG is overhauling a group of supply chain finance funds that have been dogged by conflict of interest accusations over...

nikholas
July 21, 2020
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Business

SoftBank pulls investment from Credit Suisse funds

By Brenna Hughes NeghaiwiZURICH (Reuters) - SoftBank has pulled a more than $500 million investment from Credit Suisse's supply chain finance funds after the Swiss...

nikholas
July 21, 2020
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Recent Posts

  • Great Tips To Renovate Your Bathroom In A More Eco-Friendly Way – Trusted Health Products
  • Aluminum vs. Copper Gutters | Which Is the Right Choice?
  • The Federal Reserve tries to limit any further damage to the banking system : NPR
  • One Method For Removing Future Space Junk
  • What is a Non-Equity Partner? – Biglaw Investor
  • Grand jury probing Trump hush money case not meeting for the day, AP sources say
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