Credit Suisse
latest news & developments
Competition Competition has no evidence of rand manipulation, banks say
The commission says the case highlights the difficulty of prosecuting global and domestic cartels that exploit legal loopholes to delay proceedings
Banking shock exposes cheap cash addiction
The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit
Son of former Mozambique president sentenced to 12 years in prison
No Credit Suisse executives have faced criminal prosecution, despite the company admitting liability
Former Mozambican president Guebuza turns on his successor
Armando Guebuza gave evidence in a corruption trial that has transfixed the nation
Suisse Secrets: The Kazakhstan president’s offshore stash
Kassym-Jomart Tokayev has sought to distance himself from his predecessor, but his family has its own secrets: Moscow apartments, Swiss bank accounts — and a money trail that…
Suisse Secrets: How Credit Suisse became the bank of spies
During the War on Terror, international strategy relied on intelligence officials from regimes accused of corruption and torture. Several of these spies and their families held…
Suisse Secrets: Bank financed Zimbabwean fraudster in deal that saved Mugabe
The Swiss Secrets leak reveals Credit Suisse’s role in a controversial platinum mine sale that helped to finance a wave of violence around Zimbabwe’s 2008 election
What the historic leak of Swiss Banking records reveal
Despite pledges by Credit Suisse to crack down on illegitimate funds, leaked data shows the bank catered to dozens of criminals, dictators, sanctioned parties and political…
Mozambique wants Lamola to hand over top official behind bars on $2bn scam
Mozambique grows impatient for SA justice minister to rule whether former finance minister will be extradited to Mozambique or US to face corruption charges
Lamola halts Chang extradition
Chang has been held in South Africa since December at the request of US authorities over alleged involvement in fraudulent loans to Mozambique SOEs
Mozambique ruling party grapples with state debt scandal
Former Mozambican finance minister Manuel Chang’s arrest at has triggered a political crisis ahead of the country’s elections later this year
QE has made the very rich even richer
Credit Suisse’s Global Wealth Report makes for interesting reading for those who suspect quantitative easing is more about propping up asset prices.
1% own half the world’s wealth
Research by Credit Suisse shows that the world’s poor and middle classes have been squeezed to create more wealth for 1% of the population.
Investors saddled with reform risk
New regulations will require investors to bear the risk of South African bank failures.
Would-be US tax evaders could face the hot seat
Swiss banks have "allegedly" begun providing information to Washington on accounts held by United States citizens.