The Department of Justice said Credit Suisse Services AG will hand over more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

Credit Suisse Services AG struck a deal with U.S. regulators that will see it pay a total of $511 million, including forfeitures, after it pleaded guilty to conspiring to hide billions in offshore ...

Credit Suisse Services AG pleaded guilty and was sentenced on Monday for conspiring to hide more than $4 billion from the U.S. Internal Revenue Service in at least 475 offshore accounts, the ...

The end finally came for Credit Suisse in June 2023, when it was bought for $3.2 billion by Swiss bank UBS Group AG, in an all-stock deal brokered by the Swiss Financial Market Supervisory ...

Credit Suisse's Matsuzaka was named to MergerLinks' top rankings of FIG bankers in North America in 2020. In 2018, Matsuzaka was tapped to co-head Credit Suisse's insurance investment banking ...

The world watched in shock as Credit Suisse, one of the most established global banking and financial services institutions, collapsed and was eventually acquired by UBS. A significant factor in ...

Zurich-listed shares in Credit Suisse tumbled 54.3% to 0.85 Swiss francs ($0.92) at last check, dropping as much as 60% in premarket trading. US-listed shares in the financial giant were 53.2% ...

The Riyadh-based bank loaded up on Credit Suisse shares for 3.82 francs ($4.12) apiece in November – way clear of the 0.76 francs that UBS will pay the Swiss lender's shareholders as part of its ...

Credit Suisse’s ‘CoCo’ bonds did exactly what they were designed to do: Transfer all the risk of debt from the bank to bondholders Updated March 20, 2023 More than 2 years ago ...

Credit Suisse is not out of the woods just yet. Shares in the Swiss lender fell by as much as 12% Friday, erasing most of Thursday’s gains, as investors feared that a $54 billion lifeline from ...

Credit Suisse, the Swiss bank that neared a full-blown crisis this week, has a board member who has close ties to the Chinese Communist Party's key influence campaign arm.