A decade ago, Credit Suisse pleaded guilty to helping Americans evade taxes by stashing cash and assets overseas and pledged to stop doing so. Now former bank employees collectively stand to make ...

The Department of Justice (DOJ) said Credit Suisse Services AG will pay more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

(Reuters) -A Credit Suisse unit on Monday pleaded guilty to U.S. charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than $510 million, the U.S. Department of ...

UBS is set to begin slashing jobs at Credit Suisse. New York bankers and traders are among those most at risk of the chop. Huge cuts follow layoffs by Goldman Sachs, Morgan Stanley, JPMorgan and ...

Credit Suisse, the troubled Swiss bank recently acquired by a rival, helped ultrawealthy Americans hide millions in assets to evade taxes, violating a 2014 plea agreement with U.S. authorities ...

NEW YORK, NEW YORK - MARCH 15: People walk by the New York headquarters of Credit Suisse on March ... More 15, 2023 in New York City. The world watched in shock as Credit Suisse, one of the most ...

Credit Suisse was rescued by its longtime rival UBS on Sunday. As part of the deal, the Swiss regulator wrote down the value of the bank's so-called AT1 bonds to zero. Here's everything you need ...

UBS Group’s emergency bailout of struggling lender Credit Suisse reportedly could result in “tens of thousands” of layoffs — and worried bankers are already said to be scrambling to ...

UBS agreed to take over rival bank Credit Suisse for just over $3 billion Sunday. The Swiss government forced through the deal in a bid to quell fears of a global banking crisis. From UBS itself ...

Credit Suisse, a major tenant in Research Triangle Park, was acquired by fellow Swiss bank UBS on Sunday in a $3 billion deal that’s reverberated across the international banking system.

UBS sealed a deal to acquire Credit Suisse for $3.25 billion on Sunday after a crisis of confidence. Credit Suisse assured staff they will still get be getting bonuses as scheduled, Bloomberg ...