Stock markets around the world slipped on Monday, with bank shares particularly hard hit, after Swiss regulators struck a deal on Sunday to rescue the country’s embattled bank Credit Suisse…
Tag: Suisse
Credit Suisse to Borrow as Much as $54 Billion From Swiss Central Bank
Credit Suisse said on Thursday that it plans to borrow as much as $54 billion from the Swiss central bank to improve its liquidity after the lender’s shares plunged to…
Credit Suisse is fined for helping a Bulgarian drug ring launder money, a court said.
Credit Suisse must pay fines and compensation of 21 million Swiss francs, or $22 million, for lax controls that allowed an employee of the bank to help a Bulgarian drug…
Credit Suisse agrees to pay $475 million in fines over the ‘tuna bond’ affair in Mozambique.
Credit Suisse will pay back up to $475 million in fines to authorities in the United States and the United Kingdom to resolve prison expenses stemming from a international bribery…