SEC Slaps Credit Suisse with $600K Fine for EBS Lapses

The United States’ Securities and Exchange Commission (SEC) announced today that it has settled with Credit Suisse for a civil penalty of $600,000 as the investment banking giant failed to submit some mandato...

UBS and Credit Suisse Might Merge as One Entity

Two Swiss banking giants, Credit Suisse and UBS, might see a possible merger as the chairmen of the banks are already considering to create a single European banking giant. Reported by Swiss news agency Insi...

Credit Suisse to Launch Digital Banking App in October

Swiss banking giant Credit Suisse is going to challenge the booming challenger banks as it plans to launch an app-based banking platform, called CSX, as soon as October. In the official announcement on Thurs...

Credit Suisse to Move Investment Banking Hub to Madrid

Credit Suisse is planning to move its investment banking hub to Spain from its current London headquarters as a part of its post-Brexit plans. As reported by Spanish news agency Expansion, the Swiss bank’s c...

Credit Suisse Sees Highest Quarterly Earnings in 4 Years

In the second quarter of 2019, net profit jumped by 45 percent year-on-year. After years of struggling for Credit Suisse, it appears that the Swiss bank is starting to get back on its feet, with the firm p...