Credit Suisse Stories
Five European Banks Sued For Allegedly Facilitating Iran-Backed Attacks On US Troops In Iraq
The lawsuit accuses the banks of violating sanctions imposed on Iran by disguising financial transactions to facilitate fund transfers.
Pension Deal Spotlights 'Placement Agent' Business, Raises Conflict-Of-Interest Questions
Days after Credit Suisse directed North Carolina pension funds to Erskine Bowles' firm, the firm paid Credit Suisse $775,000.
Alibaba Shares Expected To Start Trading 23% Higher Than Offering Price
Orders for shares of Alibaba are coming in at $84 to $87, which is 23 percent higher than the $68 IPO price.
Alibaba Sets IPO Price At $68, At High End Of Expected Range
Robust pricing has set up what may be the biggest IPO in U.S. history.
Alibaba IPO: 5 Reasons Why China’s E-Commerce Giant Is Going Public
Going public with Alibaba could potentially raise $25 billion, and maybe make it the biggest IPO in U.S. history. What's the real strategy?
Labor Department Proposes To Waive Sanctions Against Credit Suisse: Too Big To Punish?
Despite Credit Suisse pleading guilty to felony charges, Obama wants to waive rules so it can keep running pension funds.
Barclays Files Motion To Dismiss NY Attorney General Charges Of 'Dark Pool' Fraud
The bank has been in the crosshairs of prosecutors and regulators for several months over trading activity in its LX private trading platform.
Dark Pool Trading: What You Don't Know Can Hurt You
Barclays is under investigation for telling clients its dark pool was safe, but how can you tell?
BNP Paribas Dollar-Trading Ban Could Really Hurt
BNP Paribas may enter a $9 billion settlement with U.S. authorities that could prevent it from making U.S. dollar-based transactions for months.
India's Market Regulator SEBI Bars Hong Kong's Factorial Capital Management Over Insider-Trading Charges
SEBI is also considering investigating the Indian arm of Credit Suisse, which brokered the transaction.
Swiss Glad To Put Credit Suisse Problems In The Past
Reactions from across the Swiss media mostly happy the whole Credit Suisse U.S. headache is over.
Business As Usual For Credit Suisse After Tax Fraud Fine
Credit Suisse investors are confident despite a $2.5 billion fine and guilty plea, and analysts say this is the new normal for big banks.
Credit Suisse To Pay $2.5 Billion For Role In Tax Evasion
Holder says the major Swiss bank is the largest to plead guilty to a criminal charge in 20 years and none is "above the law."
SEC Probing Big Banks Hiring Practices In Asia: Report
Major U.S. and European firms are under investigation for possible bribery violations, The Wall Street Journal reports.
Credit Suisse In Talks To Pay $1.6 Billion To Resolve U.S. Tax Probe: Source
Credit Suisse is in talks with the U.S. Justice Department to pay as much as $1.6 billion to resolve ongoing tax investigation.
US Attorney General Says Banks May Face Criminal Cases
In a video on the Justice Department's website, U.S. Attorney General Eric Holder said legal action against financial institutions is imminent.
Barclays, Credit Suisse Questioned In High-Frequency Trading Investigation
Barclays and Credit Suisse are among the banks that have received letters from NY Attorney General Eric Schneiderman.
BNP Paribas Warns Sanctions-Busting Fines Likely To Top Amount It Set Aside
The latest case will follow JPMorgan Chase, which paid $13 billion last year to settle mortgage-related charges, and HSBC, which paid $1.9 billion.
Colgate-Palmolive Company (NYSE: CL) Expected To Report Higher First-Quarter Earnings From Innovation Pipeline
Analysts expect Colgate-Palmolive to report steady single-digit growth for the first quarter on Friday.
Credit Suisse Faces Threat Of New US Tax Probe
Switzerland's second-largest lender had raised expectations that it was getting past the long-running American tax controversy.
Swiss, UK Watchdogs Probe Forex Traders
Switzerland's competition commission said it opened a probe into several Swiss, British and U.S. banks over potential currency rate manipulation.
Chinese Investors May Be Making Real Estate In Australia Unaffordable For Locals
The Australian government is concerned that its citizens won't be able to buy houses as Chinese investors drive up prices.
UBS Reviews Precious Metals Business As Regulatory Attention Intensifies
The Swiss bank held trading portfolio assets of $9.7 billion in precious metals and other physical commodities.
Credit Suisse Overrode Due Diligence Standards And Accepted Questionable Loans: Court Filings
U.S. authorities have also claimed that the company helped thousands of Americans evade more than $10 billion in taxes.
Credit Suisse Helped Rich Americans Evade Billions In Taxes: Senate Subcommittee Report
Over the past two years, the US Senate has been investigating 14 Swiss banks for their role in aiding tax evasion by their American clients.
Weibo, China's Version Of Twitter, Reportedly Aims For A Listing On A US Exchange To Raise $500 Million For Owner, Sina Corp.
Weibo, a Twitter-like forum in the Chinese social media market, is losing ground to Tencent's WeChat.
Colgate-Palmolive (NYSE: CL) Expected To Report Single-Digit Profit Despite Currency Losses
The established company leads globally in the toothpaste segment.
Citigroup, Merrill Lynch, RBS, Credit Suisse Expected To Face Civil Fraud Charges Over Selling Shoddy Mortgage-Backed Securities: Report
Citigroup, Merrill Lynch, RBS, Credit Suisse targeted by Justice Department, sources say.
Swiss Banks Seeking To Avoid US Prosecution For Helping Americans Dodge Taxes Urge US Clients To Come Clean About Secret Accounts
The banks are likely to secure a plea deal with Washington regarding tax-evasion accounts info, but some are warning their U.S. clients first.
Commodities Prices Likely To Fall: Credit Suisse
Oil prices have already started heading south. Will other commodities follow?