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Former C Suisse trader avoids prison


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.

People News - Barclays, Citi, Goldman

For Hire

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 accused of withholding 'hot' documents

Hot Seat

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.


Crack Split

DLJ Merchant Banking Partners spins off from C Suisse

Credit Suisse has announced that DLJ Merchant Banking Partners, the bank’s mid-market leveraged buyout business, has spun off into an independent advisory firm, aPriori Capital Partners L.P., established by the existing DLJ MBP management team led by Colin Taylor and Susan Schnabel.

CEO's Ex-Wife Gets A Bigger Bonus Than Most Of His Bankers

While most of us worry about our jobs, and the mundane things in life like paying the mortgage and clothing the kids, Credit Suisse CEO Brady Dougan is no doubt stressing over the $970,000 he has been ordered by a Connecticut appeals court to pay his ex-wife for being 10 days late with the final instalment of his divorce settlement.

Credit Suisse Appoints Senior Advisor

Credit Suisse has announced that David Murray, Chair of the Future Fund Board of Guardians and the International Forum of Sovereign Wealth Funds, is joining the global financial services company as a Senior Advisor based in Australia.