Credit Suisse Shuts Humbolt Re and Kelvin Re After Investor Withdrawals December 10, 2020 By Patrick Winters and Marion Halftermeyer Credit Suisse Group AG is winding down two reinsurance vehicles with assets of about $2 billion after key investors moved...
How One Hedge Fund Has Pursued $360M Financial Fraud Claim Against Big Bank July 12, 2018 By Tracy Rucinski When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the...
Texas Appeals Court Upholds $351M Award Against Credit Suisse February 23, 2018 By John Miller Credit Suisse said it would fight on after a Texas appeals court upheld a $351 million award against the Swiss...
Credit Suisse Facing $5-$7 Billion Penalty by U.S. for Toxic Mortgage Securities December 20, 2016 By Oliver Hirt, Karen Freifeld and Joshua Franklin The U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion to settle a...
Credit Suisse Sells Operational Risk Bonds, Insuring Rogue Trading, Cyber Crime May 27, 2016 By Jan-Henrik Förster and Tom Beardsworth Credit Suisse Group AG sold 220 million Swiss francs ($222 million) of bonds designed to offload potential losses on events...
Foreign Insurers’ Role in U.S. Tax Evasion Under Scrutiny May 12, 2014 By Julia Edwards and Mark Hosenball A Swiss asset management firm, Swisspartners Group, agreed to pay $4.4 million to the United States to settle a probe...
Credit Suisse to Pay $400 Million to Settle U.S. Bond Lawsuits March 15, 2013 By Katharina Bart and Nate Raymond Credit Suisse Group AG has agreed to pay at least $400 million to settle lawsuits by investors over the Swiss...
Credit Suisse Estimates Japan Economic Losses at $171 to $183 Billion March 14, 2011 Economic losses in the regions of Japan that were hit by a massive earthquake will reach around 14 trillion yen...