Posts Tagged “Credit Suisse”
Credit Suisse Could Owe $2 Billion Over Fraud: Judge
by The Compliance Exchange on January 28, 2013
Credit Suisse Group faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal judge’s determination on how to apportion responsibility.
Exchange Regulation Needs Review, Credit Suisse Says
by The Compliance Exchange on January 4, 2013
The botched initial offering of Facebook Inc. (FB) is the catalyst that should lead to U.S. exchanges being stripped of self-regulatory powers and their related benefits
New York Prepares Lawsuit Against Credit Suisse
by The Compliance Exchange on November 20, 2012
The New York attorney-general is preparing to file a civil lawsuit against Credit Suisse (CSGN.VX) for misleading investors who lost billions of dollars on mortgage-backed securities, according to a source familiar with the matter.
JP Morgan and Credit Suisse Settle with SEC for 417 Million and Other Top Compliance Stories on Nov. 19. 2012
by Kyle Colona on November 19, 2012
JP Morgan and Credit Suisse Settle with SEC for $417 Million According to the New York Times, JP Morgan Chase and Credit Suisse have ponied up $417 million to settle suits with the SEC for packaging bad subprime mortgage paper (…)
Exclusive: Credit Suisse Probed Over Mortgages – Sources
by The Compliance Exchange on October 5, 2012
U.S. federal and state authorities are investigating Credit Suisse AG over mortgage-backed securities packaged and sold by the bank
Credit Suisse to Reveal More Data, Staff Names in U.S. Tax Probe
by The Compliance Exchange on September 17, 2012
Credit Suisse said it would transfer more information on its money management arm for wealthy Americans to U.S. officials, including more names of its own employees
Dimon Charms, Tax Shelter Sellers Pay, AIG Will Repay Fed Loan: CompliancEX News of the Day, 6/14/12
by Beth Connolly on June 14, 2012
Today’s top compliance stories include Jamie Dimon’s charming testimony, AIG’s promise to repay its bailout loan, and swap rules delayed.
Compliance Professionals Are In Demand At Swiss Banks
by The Compliance Exchange on May 16, 2012
Employment in the Swiss banking sector is changing as banks shed jobs and redefine the skills they are seeking while current workers sit tight.
Swiss Bank Denies U.S. Probe, SEC Probes REIT, Loss Stains Dimon: CompliancEX News 5/14/2012
by The Compliance Exchange on May 14, 2012
Thompson Told Yahoo Board He Has Cancer, Italy Market Regulator Head, Hedge Funds Are Shadow Banks in Need of Regulation, Best Buy Probe, Francesca’s Fires CFO, Loss Stains JPMorgan’s Chief, Credit Suisse Says Americas Boss to Step Down, Top Management Posts -Report
Swiss Bank Data
by The Compliance Exchange on April 12, 2012
Credit Suisse Group AG (CSGN) can’t disclose a client’s account data to U.S. tax authorities because a request for assistance last year addressed only tax evasion, which isn’t covered by a 1996 treaty, a Swiss court ruled.
