• U.S. regulators probe Credit Suisse hiring in Asia

    3 monthes ago - By Reuters

    FRANKFURT - U.S. authorities are investigating whether Credit Suisse hired referrals from government agencies and state entities in Asia in exchange for investment banking business and regulatory approvals, the Swiss bank said on Wednesday.
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  • Credit Suisse posts third straight annual loss on U.S. tax writedown

    3 monthes ago - By Reuters

    ZURICH - Credit Suisse on Wednesday posted a smaller-than-expected annual loss of 983 million Swiss francs after 2.7 billion francs in income tax expenses mostly due to U.S. tax reform kept the bank from its first year in the black since CEO Tidjane Thiam launched a turnaround plan in 2015.
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