In 2021, Credit Suisse hired Barofsky to conduct an independent investigation after the Simon Wiesenthal Center, a Jewish human rights organization, flagged evidence of possible Nazi-linked ...
The former U.S. prosecutor, who is a partner at law firm Jenner & Block, was hired by Credit Suisse in 2021 after the Simon Wiesenthal Center found information on possible Nazi clients that hadn ...
The fines imposed on Credit Suisse for the Mozambique scandal will be allocated to a fund for the victims, amounting to $105.5 million.
UBS Group (UBS) is reportedly cutting hundreds of jobs in Switzerland, affecting several levels, as part of its integration ...
Here's a rundown of news on hires, exits, and promotions from the past week. Are we missing anyone? Let us know. Dakin Campbell, Dan DeFrancesco, Carter Johnson, Meredith Mazzilli, Alex Morrell ...
The Archegos debacle began rearing its head at the end of March, and within weeks, it became clear Credit Suisse was staring at more than $5 billion in losses and its prime brokerage business ...
Credit Suisse appointed Barofsky as an independent ombudsman to probe Nazi-era links in 2021, but later removed him from the position. Barofsky was reinstated in 2023 after Credit Suisse was ...
The US Securities and Exchange Commission (SEC) is directing the fines imposed on Credit Suisse, related to the Mozambique scandal, into a fund.