Credit Suisse Clears 1st Hurdle Toward $440M Greensill Lawsuit Against SoftBank December 8, 2022 By Jonathan Browning Credit Suisse Group AG cleared the first hurdle toward kick-starting a long-awaited $440 million lawsuit against SoftBank Group Corp. stemming...
Credit Suisse to Sell Most of Securitized Product Unit to Apollo, PIMCO October 28, 2022 By Steven Arons Credit Suisse Group AG has signed an exclusivity agreement with a group of investors led by Apollo Global Management Inc....
Credit Suisse Makes $180M Provision for Major Litigation Costs October 27, 2022 By Hugo Miller and Jeremy Hodges Credit Suisse Group AG has made a 178 million Swiss francs ($180 million) provision for major litigation costs in the...
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...
Credit Suisse Pays $495M to Settle Legacy Case in U.S. October 17, 2022 By John Revill Credit Suisse has agreed to pay $495 million to settle a case related to mortgage-linked investments in the United States,...
Credit Suisse Steps Up $440M Legal Dispute With SoftBank Over Greensill Funds August 15, 2022 Credit Suisse has applied to the English High Court to initiate formal legal proceedings against Japan’s SoftBank Group Corp. in...
Greensill Capital Sued by 277 Former Employees Over Firm’s Collapse, Job Losses July 28, 2022 By Katharine Gemmell and Olivia Fletcher A group of ex-Greensill Capital employees sued the defunct firm in London, accusing management of unfairly keeping them in the...
Credit Suisse Rejects $515 Million Claim by Russian Businessman June 20, 2022 Credit Suisse on Sunday rejected a claim by Russian businessman Vitaly Malkin for 500 million francs ($515.62 million) he linked...
Credit Suisse Investors Push for Faster Climate Action April 26, 2022 By Simon Jessop and Brenna Hughes Neghaiwi A group of Credit Suisse investors pushing for faster climate action at the Swiss bank has more than doubled in...
Credit Suisse Shareholders Advised Against Clearing Board of 2020 Liability April 13, 2022 By Brenna Hughes Neghaiwi and Oliver Hirt Proxy advisers Glass Lewis and ISS have recommended Credit Suisse’s shareholders vote against discharging the bank’s board and management from...