Credit Suisse has officially been sued, along with some of its officers, for allegedly violating federal securities laws in its business dealings with Russian oligarchs. The class action lawsuit was filed in New York district court, according to Bloomberg. It was filed on behalf of ...Read More

Credit Suisse told CNBC on Wednesday that U.S. authorities will “absolutely not” find any evidence of wrongdoing as it faces a probe on its compliance with sanctions on Russian oligarchs. The Swiss bank is under investigation by the House Oversight Committee over allegations that it asked investors ...Read More

The U.K. has slapped sanctions on seven more Russian oligarchs with a net worth of £15 billion ($19.75 billion) over their country’s invasion of Ukraine, including Chelsea soccer team owner Roman Abramovich. Abramovich and one-time business partner Oleg Deripaska will see their assets frozen, ...Read More