Credit Suisse tabloid scandal explodes into threat to CEO

2019-09-27 14:05

What started as an embarrassing tabloid scandal at Credit Suisse Group AG has suddenly emerged as a very real threat to the bank’s top executives, including Chief Executive Officer Tidjane Thiam.

Mozambique NGOs call on Credit Suisse to write off debt

2019-02-10 15:21

Several non-governmental organisations in Mozambique have called on Credit Suisse to write off debt their government contracted with the Swiss bank as part of a massive "hidden debt" scandal.

SARB unlikely to change interest rate - Credit Suisse

2017-11-17 06:00

The SA Reserve Bank is likely to keep the repo interest rate unchanged at its next meeting and adopt a hawkish stance, says Carlos Teixeira of Credit Suisse.

Greenpeace disrupts Credit Suisse meet over pipeline financing

2017-04-28 17:00

Greenpeace activists disrupted a Credit Suisse shareholder meeting to protest the bank's alleged financing of the controversial Dakota Access pipeline in the US.

Credit Suisse sees $750m revenue at risk

2017-02-24 09:32

Credit Suisse may need to find new ways to serve clients who generate as much as $750m of revenue after Britain leaves the European Union.

Credit Suisse seeks further cost cuts at global markets

2016-09-27 15:12

Credit Suisse chief executive officer says the bank is mulling further cost reductions at the global markets unit that blindsided him with losses earlier this year.

Credit Suisse restates financial results to ready investors

2016-01-08 19:51

Credit Suisse Group AG has revisited five years of financial statements to provide a track record for its new divisions in time for next month’s earnings report.

'Boring' banks a safe haven in a scary world

2015-06-21 17:00

Taking refuge in bank stocks is the way to go on the basis that the sector is cheap and may be able to pass on higher rate costs to clients, say investors.

Top European banks in FX probe - sources

2015-03-01 18:15

The New York state financial regulator has subpoenaed three major European banks and a US peer in a probe of foreign-exchange rigging, sources say.

Credit Suisse to dismiss US mortgage suit denied

2014-12-29 10:45

Credit Suisse can be prosecuted for its role in the US housing finance meltdown, according to a court decision, which dismissed the company's bid to halt a suit.


Citigroup, Credit Suisse await Africa deals on state asset sales

2019-09-10 08:46

Citigroup and Credit Suisse Group AG are expecting more African deals as governments sell assets and Ethiopia opens up.

Graca Machel to Credit Suisse: Write off Mozambique debt

2019-02-09 11:37

Mozambique shouldn’t repay any of the loans it got from Credit Suisse AG as part of a $2bn sovereign debt scandal, says a group letter signed by people including Graca Machel.

Credit Suisse signals end of cost-cutting, job cuts

2017-07-17 18:27

Credit Suisse has signalled the era of cost-cutting and job dismissals may be soon be over, telling employees the bank will emphasize businesses that generate higher returns.

Credit Suisse pay cuts ‘too little too late’

2017-04-18 11:00

Credit Suisse’s efforts to avoid a shareholder revolt over compensation for top executives and directors have failed to convince at least one main opponent.

Credit Suisse cuts jobs in SA, Dubai to save costs

2016-10-09 11:06

Swiss lender Credit Suisse Group has cut jobs in South Africa, including researchers covering stocks, and two equity analyst positions in Dubai.

Credit Suisse, UBS to work with Abu Dhabi banks

2016-06-20 10:47

Credit Suisse and UBS, which have scaled back from the Gulf since the financial crisis, are advising on the potential merger of Abu Dhabi’s two largest banks.

Barclays hires JPMorgan for broking role

2015-06-24 15:07

Barclays has appointed JPMorgan as its corporate broker replacing Credit Suisse, making the change as new chairperson John McFarlane begins a revamp of the lender.

Credit Suisse poaches Prudential boss

2015-03-11 11:38

Credit Suisse has poached Prudential boss Tidjane Thiam to replace chief executive Brady Dougan so that it can push into wealth management of Asian multi-millionaires.

Credit Suisse Milan offices searched

2015-01-08 13:56

Credit Suisse says its offices in Milan have been searched by Italian tax police, following media reports of an investigation.

Credit Suisse seeks delay in US tax case

2014-07-10 09:29

Credit Suisse has asked a US court to delay sentencing in its tax-evasion case as it seeks a way to continue managing pension funds worth billions of dollars.

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