Credit Suisse's years of mismanagement were at the root of its downfall in March 2023, the parliamentary commission of ...

One of those observers who saw it coming was Bloomberg editor Duncan Mavin, author of Meltdown: Greed, Scandal, and the Collapse of Credit Suisse. Mavin has covered banking malfeasance for more ...

“It wasn’t some mistake by an ill-informed or over-officious Credit Suisse bank clerk,” writes Duncan Mavin in Meltdown: Scandal, Sleaze and The Collapse of Credit Suisse. “This was policy.

Manuel Chang will spend eight and a half years in prison for taking about $7 million in bribes and kickbacks in a loan ...

Credit Suisse boss Tidjane Thiam had to resign to protect the bank's reputation following a spying scandal, its chairman has said. Mr Thiam is leaving the Swiss bank amid a reported power struggle ...

A settlement in the hundreds of millions of dollars related to a decade-old tax evasion case could come as soon as this week, the Wall Street Journal reported.

In 2021, Credit Suisse was one of the banks involved in the Archegos Capital Management scandal, which caused it $4.7 billion in losses. Credit Suisse was also the lead investor in the failed ...

A former Mozambique finance minister was sentenced on Friday to 8-1/2 years in prison after being found guilty of participating in a fraud involving $2 billion in loans to three state-owned companies ...

The bank also found itself at the centre of an unusual spying scandal which saw the departure of chief executive Tidjane Thiam. Ironically, the man Credit Suisse brought in to bring an end to a ...

One of those observers who saw it coming was Bloomberg editor Duncan Mavin, author of Meltdown: Greed, Scandal, and the Collapse of Credit Suisse. Mavin has covered banking malfeasance for more ...

UBS Group AG is close to making a settlement of at least hundreds of millions of dollars over violations by Credit Suisse of a decade-old agreement with the US Department of Justice related to tax ...