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Former Credit Suisse Broker Guilty of 1 Billion Fraud

Jury finds former Credit Suisse Broker guilty of huge securities fraud as investor losses total nearly $1 billion dollars.

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Credit Suisse Punts $5.2 Billion

On the heels of UBS's impressive $7 billion fourth quarter loss, Credit Suisse proved that it is truly Switzerland's second-largest bank by posting a $5.2 billion loss of its own.

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European stocks rise, Qatar buys shares at Credit Suisse

European stocks started to rise after Qatar announced an intention to save shares in Credit Suisse Group. Investors supposed that two UK-based banks might boost their dividends, which also led to the rise of European stocks on the market.

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Court Rejects Credit Suisse's Motion Dismiss Claims

Gibbs & Bruns says Credit Suisse cannot use 'Boilerplate Disclaimers' to avoid over $1.6 billion in claims as court rejects CSFB's motion to dismiss claims arising from collapse of AAA rated asset-backed notes issued by NCFE.

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SEC Charges Credit Suisse Investment Banker with Insider Trading

The Securities and Exchange Commission today charged Hafiz Naseem, an investment banker with Credit Suisse (USA) LLC, with illegally divulging non-public information to a person believed to be a banker in Pakistan concerning the leveraged buyout of TXU Corp. by an investor group led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group. Naseem misappropriated the information from his employer, Credit Suisse, which served as a financial advisor to TXU in connection with the buyout.

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