Credit Suisse forecasts pre-tax loss of CHF 1.5 billion for Q4 2022
Credit Suisse expects to incur restructuring charges, software and real estate impairments of CHF 250 million in the fourth quarter 2022.
Credit Suisse
Credit Suisse to pay $375,000 fine to settle with FINRA for reporting deficiencies
Credit Suisse Securities (USA) LLC has agreed to pay a $375,000 fine as a part of a settlement with FINRA for reporting deficiencies.
Credit Suisse names Nita Patel its Chief Compliance Officer
Credit Suisse Group today announced the appointment of Nita Patel as Chief Compliance Officer.
Credit Suisse incurs net loss of CHF 4 billion in Q3 2022
The reported net loss included an impairment of deferred tax assets related to Credit Suisse’s strategic review of CHF 3.7 billon.
Credit Suisse to transfer SPG to investor group led by Apollo Global Management
Credit Suisse agrees to transfer a significant portion of its SPG and other related financing businesses to an investor group led by Apollo Global Management.
Credit Suisse to disgorge EUR 65.6 million to settle legacy matter in France
Credit Suisse has reached a settlement with PNF to resolve a legacy matter in relation to cross-border private-banking services.
Credit Suisse reaches final settlement with NJAG in RMBS case
Credit Suisse Group has reached a final settlement with the New Jersey Attorney General related to its RMBS business.
Several Wall Street firms agree to pay $1.1bn to settle SEC charges for recordkeeping failures
A total of 16 Wall Street firms have agreed to pay combined penalties of more than $1.1 billion to settle SEC charges.
Credit Suisse appoints Dixit Joshi as CFO, and Francesca McDonagh as Group COO
Credit Suisse Group appoints Dixit Joshi as Chief Financial Officer and Francesca McDonagh as Group Chief Operating Officer.
Major banks face amended complaint over LIBOR manipulation
Major banks face another complaint accusing them of collusion to manipulate the London InterBank Offered Rate (LIBOR).
