Latest Credit Suisse news and updates from Switzerland. AI-curated articles covering Credit Suisse topics.
Swiss federal prosecutors have charged a former Credit Suisse employee with money laundering in a case involving over $2 billion in loans to Mozambican state companies, citing organizational failures at the bank.
The Swiss Attorney General has charged a former Credit Suisse employee with money laundering in connection with over $2 billion in loans to Mozambican state companies. Successor bank UBS is also criticized for organizational failures in preventing the offense.
UBS reaches agreement with US Department of Justice over Credit Suisse mortgage securities case, paying $300 million to resolve outstanding obligations.
Swiss lawmakers push for public disclosure of financial watchdog documents related to the Greensill scandal at Credit Suisse, as London court proceedings reveal early warning signs.
Tidjane Thiam, ex-CEO of Credit Suisse, faces setback as Ivory Coast court removes him from electoral roll, citing nationality issues ahead of October presidential election.
Swiss government prepares to impose new capital rules on UBS following the Credit Suisse acquisition, potentially requiring $25 billion in additional capital.
UBS offers to permanently limit its investment banking division size to address regulatory concerns following Credit Suisse takeover, impacting Switzerland's financial landscape.
Both chambers of parliament unanimously approve new regulatory measures for systemically important banks, mandating stricter capital requirements and enhanced supervisory powers for FINMA.
Following Credit Suisse crisis inquiry, parliament pushes for tougher regulations on systemically important banks' capital requirements.
Swiss banking giant UBS initiates major job cuts in Switzerland, with hundreds receiving notice as part of Credit Suisse integration process.
Parliamentary investigation concludes years of mismanagement led to Credit Suisse's downfall, recommending twenty improvements to financial oversight.
From trusted Swiss news outlets