Credit Suisse to Slash 2,000 Jobs in Trading Unit
The layoffs are part of a major strategic revamp of the bank aimed at reducing its dependence on investment banking.
Credit Suisse Fined $665K Over Futures Trading
The CFTC also said Credit Suisse submitted false or misleading information to show it was in compliance with position limit rules.
Barclays, Credit Suisse Fined $154M Over Dark Pools
The SEC and New York State allege the banks misrepresented that they would keep high-frequency traders out of their alternative trading systems.
Restructuring Gaining Steam at European Banks
Credit Suisse, Standard Chartered and Deutsche Bank are among the banks that are overhauling themselves after losing ground to U.S. banks.
S&P Kicks Off European Bank Downgrades
The EU's bank-resolution law, which requires creditors to take losses before the government steps in, will lead to more ratings actions.
Hedge Fund Wins Suit Against Credit Suisse
A jury held Credit Suisse partly responsible for losses Highland Capital Management suffered from backing a resort's dividend recap loan.
Leveraged Lending Pullback Tied to Regulatory Scrutiny
Large U.S. banks may be heeding the warnings of regulators and staying away from highly leveraged deals.
Banks Charge for Euro Deposits
Corporations and others are paying a 0.2% fee as banks pass on the European Central Bank's negative interest rate on deposits.
Credit Suisse Gets Fed Warning About Leveraged Loans
The bank's underwriting and sale of leveraged loans may not be in compliance with regulatory guidance issued just last year.
Securitization: The Sequel
Can securitization catch on with the financial markets again? So far, the reviews are mixed.