Search Results for: Credit Suisse
Credit Suisse challenges court order to pay $288 mn in mortage suit
September 9th, 2015
Swiss banking giant Credit Suisse on Monday challenged a court ruling ordering it to pay a US hedge fund $287.5 million (257.6 million euros) in a case linked to the burst housing bubble. A court in the US state ...
Credit Suisse Ordered to Pay Highland Capital $287.5 Million
September 7th, 2015
Credit Suisse Group AG was ordered by a Texas judge to pay Highland Capital Management LP $287.5 million for losses on a $540 million refinancing of a shaky real estate development. Highland had sought $377 million in damages in ...
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 ...
Barclays Selects JPMorgan to Replace Credit Suisse as Broker
June 25th, 2015
Barclays Plc picked JPMorgan Chase & Co. to replace Credit Suisse Group AG as a corporate broker amid a review of the bank’s performance by new Chairman John McFarlane. Deutsche Bank AG retained its advisory role. JPMorgan was chosen ...
Credit Suisse dropped SEC waiver request amid opposition – sources
May 5th, 2015
Credit Suisse (CSGN.VX) has quietly withdrawn a request for a waiver to raise capital more easily, after U.S. Securities and Exchange Commission staffers told the bank in recent weeks it would not win approval, people familiar with the matter told ...
Credit Suisse Goes Live Globally on FXSpotStream
April 23rd, 2015
Credit Suisse Goes Live Globally on FXSpotStream as the 10th Liquidity Provider and Commences Client Trading FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Credit Suisse is now live as a liquidity providing bank to ...
Credit Suisse Joins FXSpotStream’s Price Aggregation Service, Expanding Liquidity Providers to Ten Global Banks
March 17th, 2015
CREDIT SUISSE BECOMES A LIQUIDITY PROVIDER TO FXSPOTSTREAM’S PRICE AGGREGATION SERVICE, EXPANDING FXSPOTSTREAM’S LIQUIDITY PROVIDERS TO TEN GLOBAL FX BANK FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Credit Suisse has agreed to join the ...
Credit Suisse Returns to Profit, Offers Stock Dividend Option
February 12th, 2015
Credit Suisse Group AG swung to a fourth-quarter profit, announced additional asset reductions and proposed investors choose whether to receive their dividend in shares or cash for 2014 amid pressure to boost capital. Net income amounted to 921 million ...
Credit Suisse says Milan offices searched by Italian tax police
January 8th, 2015
Credit Suisse said on Thursday its offices in Milan were searched by Italian tax police last month, following reports of an investigation into whether a Bermuda subsidiary of the Swiss bank helped wealthy Italians hide undeclared funds. “We can ...
Credit Suisse ordered to pay $1.8 billion to finalize U.S. guilty plea
November 24th, 2014
A U.S. judge on Friday accepted Credit Suisse’s (CSGN.VX) guilty plea to end a criminal case accusing it of helping wealthy Americans avoid paying taxes, and ordered the bank to pay roughly $1.8 billion in fines and restitution. The ...
