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 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...

Credit Suisse Reports Considerable Earnings Jump in Q2

The strong results coincide with the Wall Street bank’s plans to move its London staff to Madrid ahead of Brexit. Multinational investment bank Credit Suisse has released its second-quarter earnings today. T...

Credit Suisse to Pay $77 Million for Bribery Charges

The bank has been charged with obtaining business in Asia by hiring people connected to influential Chinese officials. The Securities and Exchange Commission (SEC) announced on Thursday that Credit Suisse ...

Credit Suisse Trims its Macro Hedge Fund Sales Unit

Just one week after announcing the scaling back of its UK operations, Credit Suisse has undergone a series of changes to its London-based Macro Hedge Fund Unit, which saw the departure of several members of i...