Credit Suisse trader fired for Archegos mess wins $8M in back pay

A trader who was fired from Credit Suisse after the bank lost billions of dollars on the now-infamous collapse of a major ...
Financial Planning

Broker blamed for Archegos losses wins $9M from UBS, Credit Suisse

Paul Reid Galietto's lawyer says he was let go by Credit Suisse in 2021 after the firm tried to unfairly blame him for losses ...

Spies and scandal: How Credit Suisse went out of business

In 2015, Iqbal Khan was on top of the world. The 34-year-old finance wunderkind, who had moved from Pakistan to Switzerland ...
New York Post

Credit Suisse conviction in 2022 cocaine cash laundering case is overturned

A top Swiss court on Wednesday acquitted Credit Suisse, now part of UBS, of failing to prevent money laundering by a Bulgarian cocaine trafficking gang, overturning a 2022 conviction. The Federal ...

UBS executive says one item remains in migration of Credit Suisse clients

ZURICH, Feb 26 (Reuters) - UBS has one item remaining in the migration of former Credit Suisse clients onto UBS's system, the ...
CNN

UBS to cut another $3 billion in costs as it absorbs Credit Suisse

UBS has deepened a cost cutting drive launched after its emergency acquisition of rival Credit Suisse, as it slashes thousands of jobs and tries to boost earnings to make sure the mammoth deal pays ...
AOL

Sergio Ermotti came to the rescue when UBS snapped up Credit Suisse. One year later, he’s now Europe’s best-paid bank CEO

It’s been just over a year since UBS stepped up to rescue Credit Suisse from a debacle that could’ve tanked the entire global banking industry. Just as the $3 billion deal to buy Credit Suisse was ...
NBC Connecticut

Credit Suisse to pay $511 million for helping U.S. taxpayers hide over $4 billion overseas

In addition to that plea, the UBS subsidiary also entered into a non-prosecution agreement with prosecutors in connection with U.S. accounts that were booked at Credit Suisse AG Singapore. "Between ...