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.

Shortly after that Mr Khan announced his departure from Credit Suisse. The scandal surfaced in September when it transpired that the bank had hired corporate intelligence firm Investigo to track ...

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 ...

Already on Friday VW has pulled 4,000 cars from the market in the UK alone. Credit Suisse estimates the scandal could end up costing anywhere between €23 billion (£16.9 billion, $25.6 billion ...

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 ...

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 ...

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 ...