257 Results from "Credit Suisse"
/regulation
Following UBS’s takeover of Credit Suisse earlier this year, Swiss consumer pricing supervisor has put the bank under observation amid competition concerns that could bring about higher loan charges.
05 July 2024
/wholesale
A group of creditors for failed Swiss bank Credit Suisse have launched legal action against a number of executives in its US operations, alleging that a “toxic culture” that “valued short-term gain over long-term trust” had been allowed to prevail.
22 June 2023
Shares in Credit Suisse have slumped by a further five percent as the Swiss lender identifies material weaknesses in its financial reporting processes.
14 March 2023
/crypto
Credit Suisse has led a $65 million Series B round in Swiss crypto infrastructure provider Taurus, with participation from other major financial institutions.
14 February 2023
/crime
Swiss prosecutors have launched criminal proceedings aimed at those responsible for the 2022 leak at Credit Suisse which exposed the details of accounts held by wealthy clients allegedly involved in a host of illegal activity.
03 February 2023
/payments
All-in-one card and financial app Curve has secured a $1 billion credit line from Credit Suisse to support its instalment transaction product Curve Flex as it scales across the UK, the EU and the United States
06 December 2022
Scandal-stricken lender Credit Suisse is to slash 9000 jobs and hive off its investment banking unit after posting a £3.5 billion loss in its third quarter.
27 October 2022
/markets
Credit Suisse is collaborating with non-profit venture Girls Who Code to develop a pipeline of new technology talent for the bank's Wall Street operations.
02 August 2022
Some of the biggest banks on Wall Street are backing a new syndicated loan platform, called Versana, that is aiming to bring transparency, efficiency and velocity to the $5 trillion market.
17 March 2022
Credit Suisse has called in outside experts to help find the source of a leak that exposed the details of accounts held by wealthy clients allegedely involved in torture, drug trafficking, money laundering, and corruption.
21 February 2022
The Banque de France, the Swiss National Bank and BIS Innovation Hub are hailing the completion of their cross-border wholesale central bank digital currency (wCBDC) experiment.
09 December 2021
Credit Suisse has been hit with a £147 million penalty by the Financial Conduct Authority, as part of a $475 million global resolution agreement, for serious financial crime due diligence failings related to loans worth over $1.3 billion, which the bank arranged for the Republic of Mozambique.
20 October 2021
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