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UBS and C Suisse may face tighter rules

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Switzerland should adopt stricter capital requirements for UBS and Credit Suisse following the introduction of tighter rules in the U.S. and the U.K., a government-appointed panel recommended, concluding a yearlong review of measures to avoid bailouts.

C Suisse could scale down prime brokerage

Credit Suisse Canary Wharf

Credit Suisse is considering scaling down its prime brokerage business as part of already announced efforts to reduce risk in its investment banking division, a person familiar with the matter told Reuters.

C Suisse's $2.6bn tax probe concluded

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Credit Suisse's $2.6bn plea bargain resolving allegations it helped wealthy Americans avoid paying taxes was accepted by a federal judge, ending a three-year probe that helped upend Swiss bank secrecy.

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Drunken Analyst Said Fired After Trashing Colleague's Desk (HR Takes Picture)

Dealbreaker reports that, a couple of weeks back, a New York-based second year Credit Suisse technology analyst is said to have returned to the office (apparently over the weekend) rather the worse for wear, and trashed a colleague's work space (see pic to the right, which was seemingly taken by a member of the firm's HR Department for the employee's file).

London's Biggest Trading Floors

Hot on the heels of the announcement that JPMorgan has spurned Canary Wharf and has chosen the 'Square Mile' for its new European HQ (St Alphage House in London Wall), most of the interest centres around the fact that, of the 1 million square feet that makes up the new building, there will be four giant trading floors of some 72,000 square feet each.

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People News - Barclays, Citi, Goldman

Three technology stock traders have left the Boston office of Steven A. Cohen’s nearly $10bn family office over the last week in a new round of defections at a firm that is still dealing with the fallout from a significant insider trading investigation.

C Suisse merges some private banking units

Credit Suisse is merging its eastern European private banking business with western Europe as it seeks to return to growth after heavy outflows due to crackdowns on untaxed funds in hidden Swiss accounts.

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