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Don’t miss the latest developments in business and finance.
Credit Suisse to pay $495 mn to settle case linked to 2008 financial crisis
The Swiss bank said in a statement on Monday that it's "fully provisioned" for the payment, which will resolve claims tied to more than $10 billion in such securities
After SC verdict on Benami law, experts weigh in on the Black Money law
The Black Money law penalises the concealment of foreign income and imposes criminal liability for attempting to do so
Swiss Banks' profit halves in 2016 even as deposits from abroad increase
Customer deposits account for 60% of their profits; staff count took a beating this year