UBS Inherits Legacy of Legal Headaches From Credit Suisse May 3, 2023 By Hugo Miller When UBS Group AG integrates Credit Suisse Group AG in the coming months, the Swiss bank plans to run staff...
Update: Credit Suisse’s String of Crises: Spies, Money Laundering, Takeover March 16, 2023 Switzerland’s UBS has agreed to buy rival Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock in a...
Credit Suisse to Pay $234M to Settle French Tax, Money Laundering Case October 24, 2022 By Tangi Salaun Credit Suisse agreed to pay France 238 million euros ($234 million) to settle a tax fraud and money laundering case...
Greensill Capital Still Has $9.3B to Pay on Its Notes After Its Collapse a Year Ago April 8, 2022 By Lucca de Paoli Greensill Capital collapsed more than a year ago, but $9.3 billion of assets sold to investors as notes are yet...
Japanese Insurer Tokio Marine Says Greensill Obtained Policies Fraudulently April 4, 2022 Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did...
Credit Suisse Warns Greensill Litigation Against Insurers, Debtors May Take 5 Years April 4, 2022 Credit Suisse said on Monday that litigation related to Greensill supply chain finance funds (SCFF) could take around five years...
Credit Suisse Faces Charges It Let Alleged Bulgarian Cocaine Traffickers Launder Money February 8, 2022 By Brenna Hughes Neghaiwi and Silke Koltrowitz Credit Suisse faced charges in a Swiss court on Monday of allowing an alleged Bulgarian cocaine trafficking gang to launder...