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Credit Suisse

Credit Suisse Settles DOJ Case Over Mortgage Securities For $5.3 Billion

Reuters | Jade Walker | Posted 12.23.2016 | Business

ZURICH (Reuters) - Credit Suisse agreed in principle to pay U.S. authorities $2.48 billion to settle claims it misled investors in residential mortgag...

Family Business Is a Key Growth Driver in Asia, But With Downsides

AsiaToday | Posted 12.20.2016 | Home

[The image of Lippo Village on the Lippo Group's website] By AsiaToday reporter Jina Koh - About 25 kilometers away from crowded Jakarta, there is a ...

Stuff For-Profit College Executives Say

David Halperin | Posted 05.16.2016 | Business
David Halperin

After all the revelations about deceptive advertising and recruiting, high prices, and low-quality programs in the for-profit college sector, the industry still isn't focused on improving value for students. Instead, the key to its future success is "sophisticating marketing."

Credit Suisse Analyst Who Touts DeVry Previously Touted Corinthian

David Halperin | Posted 02.08.2017 | Business
David Halperin

Credit Suisse got the attention of Wall Street last week when it issued a report recommending that investors buy shares in one of the largest for-profit college companies, DeVry Education Group.

Extreme Inequality Is Not Inevitable

Raymond C. Offenheiser | Posted 01.22.2017 | Impact
Raymond C. Offenheiser

Just 53 men and 9 women have as much wealth as more than 3.6 billion people on this planet. Such a startling statistic highlights how extreme inequality has picked up a dramatic pace.

A Corporate Perspective On the Importance Of Girls' Education

Up For School | Posted 01.08.2017 | Education
Up For School

Equipping girls with self-confidence, support of family and communities as well as awareness of their social and economic rights can lead to transformed futures.

Credit Suisse: Big Crimes Become Big Business

Ralph Nader | Posted 06.15.2015 | Politics
Ralph Nader

These elaborate illegal acts over many years show a deliberate willingness by Credit Suisse AG officials to knowingly engage in profitable activities that defrauded the U.S. Treasury and burdened honest taxpayers. But the Credit Suisse story does not end there.

Zach Carter

The Fed Just Acknowledged Its Too Big To Jail Policy | Zach Carter | Posted 11.22.2014 | Politics

WASHINGTON -- The federal government until recently shielded big banks from criminal prosecution out of concern that convictions may damage the financ...

'Unintelligent Blacks': Why Apple's Tim Cook and Charles Barkley Should Talk Inclusion

George Alexander | Posted 01.06.2015 | Small Business
George Alexander

Just last week it was reported that Barkley chose to unleash to the airwaves on a Philadelphia radio station a declaration about what he deems as "successful" blacks' biggest problem -- "unintelligent" black people. Check it out.

REPORT: Feds Could Let Major Bank Off Easy

International Business Times | Posted 09.09.2014 | Business

The U.S. Department of Labor is proposing to waive sanctions against Credit Suisse Group AG (NYSE:AG) that would prevent it from managing pension mone...

How Credit Suisse Got Off Easy

Newsweek | Posted 06.20.2014 | Business

Last fall, James Cole, the No. 2 man at the Justice Department, sent an intriguing email about the criminal investigation of Credit Suisse’s offshor...

Our Fraudulent Two-Tiered Justice System

C. Robert Gibson | Posted 07.29.2014 | Politics
C. Robert Gibson

We're all familiar with the golden rule, right? I'm not talking about the "do unto others" bit from The Bible, but the "He who has the gold makes the ...

Mark Gongloff

Credit Suisse Proves It Really Is Too Big To Jail | Mark Gongloff | Posted 05.23.2014 | Business

Pleading guilty to criminal charges is proving so harsh and damaging to Credit Suisse that its stock price is only up 1 percent Tuesday morning. Must ...

Mark Gongloff

Big Bank Hit With Criminal Charges | Mark Gongloff | Posted 05.23.2014 | Business

The U.S. government has finally backed up its boast that no bank is too big to jail, if by "jail" you mean "vigorously slap on the wrist." The Just...

Pressure Mounts On Credit Suisse CEO To Quit

Reuters | Posted 07.18.2014 | Business

ZURICH, May 18 (Reuters) - Credit Suisse Chief Executive Brady Dougan came under further pressure to resign on Sunday, with a key figure in Switzerl...

Report: Big Bank Expected To Plead Guilty To End Tax-Evasion Probe

Reuters | Posted 05.15.2014 | Business

(Reuters) - Credit Suisse Group AG is expected to plead guilty and pay nearly $2.5 billion to U.S. authorities to end a probe of potential tax evasion...

Credit Suisse Deal With U.S. Authorities Could Top $2 Billion

Reuters | Posted 07.12.2014 | Business

By Karen Freifeld and Aruna Viswanatha NEW YORK/WASHINGTON, May 12 (Reuters) - New York state's banking regulator is seeking hundreds ...

'There Is No Such Thing As Too Big To Jail'

Reuters | Posted 07.05.2014 | Business

(Adds background) By Aruna Viswanatha WASHINGTON, May 5 (Reuters) - The U.S. Justice Department is pursuing criminal in...

So Fannie and Freddie Weren't the Problem...

Harlan Green | Posted 05.21.2014 | Business
Harlan Green

We are learning just how much mortgage fraud was committed by 18 national and international banks and other financial entities that the Federal Housin...

16 Major Banks Slammed With Lawsuit

Reuters | Posted 03.14.2014 | Business

NEW YORK (Reuters) - The Federal Deposit Insurance Corporation sued 16 of the world's largest banks on Friday, accusing them of collusively suppressin...

International Corporate Volunteering: Profitable for Multinational Corporations

Alice Korngold | Posted 05.07.2014 | Business
Alice Korngold

People from multinational corporations head off and volunteer for weeks or months in another country, leaving their work behind for others to do. Building a better world is good for business.

Coal India Abandons Share Offer Amongst Growing Investor Skepticism

Justin Guay | Posted 04.14.2014 | Business
Justin Guay

Co-authored by Ashish Fernandes, Greenpeace Three years can be an eternity for a coal company. In October 2010, Coal India, then the world's largest ...

Big Banks May Have Bribed Libyan Officials

Reuters | Posted 04.05.2014 | Business

Feb 3 (Reuters) - The U.S. Department of Justice is investigating banks, private equity firms and hedge funds that may have violated anti-bribery la...

Kathryn Sollmann: Be A One-Minute Mentor

Kathryn Sollmann | Posted 03.16.2014 | Women
Kathryn Sollmann

Busy people are focused on their own busy schedules, not the all-encompassing career and life change foremost on a friend or family member's mind. But mentoring does not have to be hand-holding or micro-managing.

How Stolen Data Exposed Tax Dodgers

Reuters | Posted 01.25.2014 | Home

By Edward Taylor, Matthias Inverardi and Mark Hosenball DUESSELDORF, Germany, Nov 21 (Reuters) - In the digital age, pen and paper are...