A former London-based Credit Suisse trader was spared prison on Tuesday over his role in artificially inflating subprime mortgage bond prices, in one of the few U.S. criminal prosecutions stemming from the financial crisis.
Credit Suisse Group is a world-leading financial services company, advising clients in all aspects of finance, around the world, around the clock.
Neil Barofsky, a frequent critic of Wall Street and government bailouts, has been tapped to monitor Credit Suisse after the bank admitted to helping Americans evade taxes, a person familiar with the matter said.
UBS, BNP Paribas, Credit Suisse and other banks providing wealthy French people a home for their money in Switzerland are being told: No more tax evasion.
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.
UBS is a better bet than its neighbour Credit Suisse even though it’s more exposed to legal risks, according to JPMorgan analysts.
Credit Suisse has withheld many key documents from MBIA in a lawsuit accusing the bank of lying about how it processed loans used in mortgage-backed securities, and it should be ordered to review whether it has more evidence suggesting misconduct, the bond insurer said.
Switzerland's central bank has urged UBS and Credit Suisse to further improve their capital strength, even after good progress made in recent years, due to the 'substantial' risks still faced from economic and legal issues.
A unit of Credit Suisse was fined by the U.K. markets regulator for promoting a product that garnered $1.35bn in investments and had about a 0% chance of reaching its maximum return.
BlackRock said Credit Suisse's guilty plea in a U.S. tax evasion case does not affect its business relationship with the bank, the of the asset manager told a Swiss newspaper.CEO
UBS’s bet on high-frequency trading helped it overtake rival Credit Suisse in Brazil’s equity markets for the first time.
Here's the results for the Here Is The City Deep Blue Associates-sponsored '2008 Best Chief Technology Officer / Chief Information Officer Poll'.
'Management always tries to sweep things under the carpet, but it’s no longer possible to hide'.
Here's the latest on the 'movers and shakers' front.
Credit Suisse is moving the global co-head of its tech group to San Francisco, bolstering its Silicon Valley investment banking presence in anticipation of more deals in the sector.
It's tough at the top.
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.
Global Infrastructure Partners, the private-equity firm run by former Credit Suisse First Boston investment banking head Adebayo Ogunlesi, is seeking $2.5bn for debt investments as new regulations make it more costly for banks to lend to projects such as windfarms and airports.
Credit Suisse bought $3.7bn of U.S. mortgage securities in the largest auction of its type since at least 2010, according to a person with knowledge of the offering.
Here's a trip down memory lane. The text of a memo sent to investment banking support staff over at DLJ in 1994.