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Credit Suisse Fine

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

Credit Suisse to pay $495 mn to settle case linked to 2008 financial crisis
Updated On : 17 Oct 2022 | 1:33 PM IST

Credit Suisse fined over $2 mn for facilitating cocaine cash laundering

A Swiss court on Monday said it has fined Credit Suisse more than $2 million for failing to prevent money laundering linked to a Bulgarian criminal organization a decade-and-a-half ago

Credit Suisse fined over $2 mn for facilitating cocaine cash laundering
Updated On : 28 Jun 2022 | 7:40 AM IST

Credit Suisse investors fear a long wait before the bank recovers

Credit Suisse reported a worse-than-expected $2.2 billion quarterly loss and warned of bleak prospects for 2022, when it said earnings would be hit by restructuring costs and pay

Credit Suisse investors fear a long wait before the bank recovers
Updated On : 14 Feb 2022 | 9:21 AM IST

Credit Suisse flags possible charge from Greensill fallout

The lender has been facing the fallout from the collapse of $10 billion worth of funds linked to British financial services firm Greensill Capital

Credit Suisse flags possible charge from Greensill fallout
Updated On : 16 Mar 2021 | 1:49 PM IST

Credit Suisse to slide into red as it sets aside $850 mn for US litigation

MBIA sued Credit Suisse in 2009 over hundreds of millions of dollars it paid out to compensate investors after thousands of mortgages failed

Credit Suisse to slide into red as it sets aside $850 mn for US litigation
Updated On : 08 Jan 2021 | 3:54 PM IST

Singapore fines Credit Suisse, UOB

Singapore has so far imposed a total of S$29.1 million in financial penalties on eight banks

Singapore fines Credit Suisse, UOB
Updated On : 31 May 2017 | 1:40 AM IST