Credit Suisse, MUFG inch closer to final settlement in LIBOR manipulation lawsuit
Plaintiffs in a LIBOR manipulation lawsuit push for a final approval of their settlement with Credit Suisse and MUFG.
Credit Suisse
David Mathers to step down as Credit Suisse CFO
David Mathers, who has served as CFO since 2010, has indicated his wish to seek alternative opportunities outside of Credit Suisse.
Credit Suisse forecasts loss in reported earnings for Q1 2022
Credit Suisse expects its reported earnings for Q1 2022 to be negatively impacted by a decision to increase litigation provisions.
Credit Suisse appoints Sven Stephan to lead German Wealth Management team
Sven Stephan has been appointed to lead the new onsite dedicated Wealth Management team of Credit Suisse (Deutschland) AG.
Credit Suisse announces changes to Board of Directors
Severin Schwan, Kai S. Nargolwala and Juan Colombas have informed the Credit Suisse Board that they will not stand for re-election.
Deutsche Bank, Credit Suisse seek to finalize settlements in LIBOR manipulation case
Plaintiffs are working to finalize agreements of settlement with Deutsche Bank and Credit Suisse in a LIBOR manipulation lawsuit.
Credit Suisse posts $1.6bn net loss for FY21 as Archegos matter hits earnings
Credit Suisse reports pre-tax loss of CHF 522 million in FY21, impacted by the Archegos matter, goodwill impairment and litigation provisions.
Court dashes Credit Suisse hopes for swift end to Forex market price fixing lawsuit
The New York Southern District Court has nixed a motion for summary judgment by Credit Suisse in a Forex market price fixing case.
Credit Suisse expects CHF 500 million of litigation provisions to weigh on Q4 2021 profits
Credit Suisse Group expects the reported profits for Q4 2021 will be impacted by litigation provisions of approximately CHF 500 million.
FINRA imposes $9 million fine on Credit Suisse Securities for operational failures
FINRA announced today that it has fined Credit Suisse Securities $9 million for failing to comply with securities laws.
