Credit Suisse acquitted of 2022 conviction in cocaine cash laundering case
A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank that is now part of UBS was found guilty of failing to prevent money laundering by a Bulgarian cocaine trafficking gang.
UBS acquitted over Credit Suisse criminal money laundering case
CREDIT Suisse’s 2022 conviction for failing to prevent the money laundering of a cocaine dealer’s profits was overturned by a Swiss appeals court following the death of one of its former employees who was found guilty in the case.
UBS-Credit Suisse integration opens up new tech for bigger plans
Beyond executing the details of the merger, UBS also had to undertake one of the most extensive integration exercises in the finance industry, from staff and processes to some of the 1.3 million clients who are based across various markets and served from different offices worldwide.
Credit Suisse conviction annulled in 2022 cocaine cash laundering case
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 Criminal Court's original ruling was seen as a test case for the prosecution of banks.
UBS acquitted on appeal in Credit Suisse cocaine trial
Swiss banking giant UBS, which took over its rival Credit Suisse last year, has been acquitted on appeal in a high-profile money laundering trial, Switzerland's Federal Criminal Court said Wednesday.
Lombard Odier Indicted in Switzerland for Money Laundering
ZURICH (Reuters) -Swiss prosecutors on Friday indicted private bank Lombard Odier and one of the firm's former employees for ...
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Credit Suisse Cocaine Case Overturned With UBS Acquittal
Credit Suisse’s 2022 conviction for failing to prevent the money laundering of a cocaine dealer’s profits was overturned ...
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BofA hires ex-Credit Suisse MD for leveraged finance
Greg Rye will join BofA as a managing director in London. Rye is a leveraged finance veteran who worked for 19 years at ...
UBS boss Ermotti flags Credit Suisse client migration challenge
UBS CEO Sergio Ermotti said on Monday that moving Credit Suisse clients in Switzerland onto the bank's own platform from next ...
Botin’s Costly Credit Suisse Hiring Spree Is Reshaping Santander
When the Iowa Tribe of Oklahoma recently sought to finance a casino between Oklahoma City and Tulsa, it turned to Banco ...
Credit Suisse Acquitted of 2022 Conviction Over Cocaine Cash Laundering Case
ZURICH (Reuters) - A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank that is ...
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Credit Suisse Floating Rate Hi Inc Instl
The core management group began working together more than 20 years ago managing collateralized loan obligations for First Dominion Capital, which Credit Suisse acquired in 2000. However ...
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Credit Suisse Issues Underperform Rating for Texas Pacific Land Corp (TPL) Stock
Notable insider trades include STEDDUM CHRIS, Chief Financial Officer at Texas Pacific Land Corp (TPL), who sold 350 shares on Nov 14 ’24, at $1340 each, totaling $0.47 million. On Nov 12 ’24, ...