Credit Suisse, Julius Baer eye bids for BTG Pactual’s Swiss unit
December 10th, 2015
Credit Suisse (CSGN.VX) and Julius Baer (BAER.VX) are among a handful of banks vying to buy the Swiss private-banking arm of embattled Brazilian investment bank Grupo BTG Pactual SA (BBTG11.SA) in a cut-price deal, sources with direct knowledge of ...
Credit Suisse plans trading floor for Dublin
November 16th, 2015
Swiss bank wants to move 40 traders and 60 support staff to Ireland as part of a cost-cutting drive Credit Suisse is on course to become the first international bank to set up a major trading floor in Dublin. The ...
Banks Finalize $1.86 Billion Credit-Swaps Settlement
October 2nd, 2015
Suit claimed banks conspired to prevent competition Wall Street’s biggest banks have agreed to pay $1.86 billion to settle accusations that they conspired to prevent competition in the credit-derivatives markets, according to plaintiff lawyers in the private lawsuit. Twelve ...
RBS, Credit Suisse recommend buying Greek debt
July 31st, 2015
It is barely two weeks since Greece was on the brink of crashing out of the euro, yet some investment banks are now encouraging investors to return to its bond market. A last gasp deal on 13 July saw ...
Credit Suisse and Yorkshire Building Society fined for failing to promote products
June 16th, 2014
The Financial Conduct Authority has slapped a unit of Credit Suisse and the Yorkshire Building Society (YBS) with millions of pounds worth of fines for failing to ensure that the promotion of a key financial product was clear, fair ...
Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.
May 16th, 2014
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...
European shares brush off Catalan crisis with another weekly gain
October 9th, 2017
European shares rose for the fourth consecutive week on Friday as confidence over the region’s economic recovery outweighed worries over the Catalonia crisis, whose impact remained confined to Spanish equities. While Spain’s IBEX .IBEX ended a tumultuous week down 1.9 percent ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Payments panic and the ending of fiat currencies
March 24th, 2020
The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task ...
Post-midterms rally in European stocks fizzles out
November 9th, 2018
European shares were flat to slightly higher on Thursday as a rally following U.S. midterm elections sputtered while strong results from Societe Generale, Commerzbank, and Sodexo soothed concerns about corporate earnings. The pan-European STOXX 600 was up just 0.2 ...
