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Credit Suisse

CEO's Pay Rises In Face Of Strict New Rules

Reuters | Posted 03.22.2013 | Business

* Pay for Brady Dougan up one third to 7.77 mln Sfr * Robert Shafir is top earner with 10.59 mln Sfr * Chairman Rohner s...

Eleazar David Melendez

Banks Could Owe HOW MUCH For Housing Boom Fraud?

HuffingtonPost.com | Eleazar David Melendez | Posted 02.26.2013 | Business

A verdict delivered earlier this month by a prominent federal judge heightens the prospect that the nation’s largest financial institutions will be ...

Credit Suisse Faces Government Probe

Reuters | Posted 02.22.2013 | Business

By Karen Freifeld NEW YORK (Reuters) - The U.S. Attorney's Office in New Jersey is investigating Credit Suisse AG over mortgage-backed securities p...

Shut Down the Merchants of Death -- A Divestment Strategy to Stop Gun Violence

Peter Dreier | Posted 04.15.2013 | Politics
Peter Dreier

Around the country, Americans are not only lobbying their Congressmembers to support legislation to reduce gun violence, they are also voting with their dollars -- through pension funds, government purchasing policies, and university endowments.

Ex-Trader Sent To U.S. To Face Mortgage Fraud Charges

Reuters | Posted 03.16.2013 | Business

LONDON, Jan 14 (Reuters) - A British court on Monday approved the extradition of a former Credit Suisse trader to the United States, where he is wan...

Big Bank's New Bonus Scheme Ties Workers To Risky Assets

Reuters | Posted 03.05.2013 | Business

* Investment bankers only ones to get asset bonuses this year * Full details to be announced internally later in January ...

Brokers Eat Their Own

Dan Solin | Posted 01.27.2013 | Business
Dan Solin

It would be difficult to find an industry as ethically bankrupt as those involved in "managing" your investments. The harm these "advisers" have done to the retirement aspirations of hardworking Americans is incalculable.

Ben Hallman

Subprime Bankers Have Much To Be Thankful For

HuffingtonPost.com | Ben Hallman | Posted 11.21.2012 | Business

Even in the movie version of the financial crisis, the giant mortgage company accused by the U.S. government of rampant fraud and abuse wouldn't be so...

The Super-Rich Are Panicking Over The Fiscal Cliff

The Huffington Post | Jillian Berman | Posted 11.20.2012 | Business

Now Arriving By Email: If you'd like this newsletter delivered daily to your email inbox, then please just feed your email address to the thin box ove...

$400 Million Deal

Mark Gongloff | Posted 11.16.2012 | Business

JPMorgan Chase and Credit Suisse will together pay $417 million to settle charges they misled investors about the quality of residential mortgage-back...

Swiss Hoping To Reach Deal Over Tax Probes

Reuters | Posted 11.11.2012 | Business

ZURICH (Reuters) - Switzerland hopes to restart talks with the U.S. over a long-simmering tax dispute following the re-election of president Obama, it...

Former Banker Admits He Helped Rich Americans Hide Money

Reuters | Posted 01.06.2013 | Business

Nov 6 (Reuters) - A former banker at giant Swiss financial institutions UBS AG and Credit Suisse Group AG pleaded guilty on Tuesday to helping weal...

MORE Banks Subpoenaed Over Libor

Wall Street Journal | Reed Albergotti and Jean Eaglesham | Posted 10.26.2012 | Business

Nine more banks have received subpoenas in connection with a probe into alleged widespread interest-rate manipulation by banks, a person familiar with...

Bring Out The Axe

Reuters | Posted 12.24.2012 | Business

(Repeats to additional subscribers. No change to text) * Q3 net profit 254 mln Sfr vs avg poll forecast 370 mln * Profit...

Joe the Plumber, We Miss You!

Sam Pizzigati | Posted 12.23.2012 | Politics
Sam Pizzigati

Joe the Plumber and other fans of great fortune don't have much problem with this huge accumulation of wealth at America's economic summit. What about the rest of us? Should we be concerned?

Bank Faces Major Investigation Over Risky Mortgages

Reuters | Posted 12.04.2012 | Business

* Bank investigated over risky mortgages it sold to investors * Justice Dept, NY AG probing actions - sources * U.S. au...

Bank Could See HUGE Client Retreat Over Tax Evasion Crackdown

Reuters | Posted 11.12.2012 | Business

ZURICH, Sept 12 (Reuters) - Credit Suisse could see clients in western Europe withdraw up to a net $37 billion in the next few years as Switzerland ...

Credit Suisse Executive Facing Extradition Threat

Reuters | Posted 11.03.2012 | Business

* Court probe dates back to 2001 debt exchange * State news agency says Mulford failed to testify * Mulford was U.S. Tre...

Investment Bank Tells Other Investment Banks To Fire People

Reuters | Posted 10.31.2012 | Business

LONDON, Aug 31 (Reuters) - Investment banks, set to book $240 billion revenue this year, still need to cut jobs and costs to make the industry profi...

17 Countries Where You're Likely To Be Richer: Report

The Huffington Post | James Sunshine | Posted 07.20.2012 | Business

Americans may think of themselves as part of the most prosperous nation in the world, but that doesn't mean they're all worth more than their global c...

Paul Blumenthal

Presidential Rivals Gained From Banks In Libor Probe

HuffingtonPost.com | Paul Blumenthal | Posted 07.12.2012 | Politics

WASHINGTON -- Four years after the financial meltdown and despite a steady stream of increasingly disturbing scandals, the financial sector remains th...

Authorities Raid Homes Of Swiss Bank Clients, Employees

Reuters | Posted 09.10.2012 | Business

* Credit Suisse clients raided in shift from banks, employees * Swiss bank believes exempt following German deal last September ...

Major Bank Slashing Senior Staff

Reuters | Posted 08.25.2012 | Business

By Sarah White and Douwe Miedema LONDON, June 25 (Reuters) - Swiss bank Credit Suisse plans to cut up to one-third of...

When Banks Become Pirates

Reuters | Posted 08.25.2012 | Business

* Banks seizing ships from defaulting owners * Banks putting in ship operators to avoid selling at loss * Shipping marke...

Solving the Riddle of Veteran Unemployment

Paul Rieckhoff | Posted 08.22.2012 | Business
Paul Rieckhoff

As Americans make their July 4th plans, it's time to change the dialogue about our nation's newest veterans.