Credit Suisse

224 results about this entity

Period: 01 Nov 2005 - 05 Jul 2024

/people

Credit Suisse Group chairman Horta-Osório resigns after breaking Covid-19 rules

Credit Suisse Group today announced that the Board of Directors (Board) has appointed Axel P. Lehmann as the bank’s new Chairman effective immediately. He succeeds António Horta-Osório, who resigned following an investigation commissioned by the Board. Under the leadership of Axel Lehmann, the Board and the Executive Board will continue to execute Credit Suisse’s strategy, driving forward the transformation of the bank.

/crypto

French and Swiss central banks hail completed wholesale CBDC trial

The Banque de France, the Swiss National Bank and BIS Innovation Hub are hailing the completion of their cross-border wholesale central bank digital currency (wCBDC) experiment.

/regulation

EU fines banking giants €344 million over FX price fixing cartel

The European Commission has completed its cartel investigation into the Foreign Exchange (‘Forex') spot trading market by imposing fines on five banks.

Credit Suisse digital-only bank CSX signs up 100,000 customers in first year

One year after the launch of CSX, this brand is familiar to every second person in Switzerland. Levels of client activity, the take-up of products and services, and deposited assets provide further confirmation that with CSX, Credit Suisse is successfully reaching its target group of digitally savvy clients.

/crime

'The master of kickbacks': Credit Suisse hit with $475 million fine by global regulators

Credit Suisse has been hit with a £147 million penalty by the Financial Conduct Authority, as part of a $475 million global resolution agreement, for serious financial crime due diligence failings related to loans worth over $1.3 billion, which the bank arranged for the Republic of Mozambique.

/people

Credit Suisse poaches HSBC's Orazio Tarda as global co-head of fintech

Credit Suisse has filled a fintech-sized hole in its invesment banking division with the appointment of HSBC's Orazio Tarda as co-head of fintech.

/startups

Credit Suisse leads $20 million round in financial data company Daloopa

Credit Suisse has led a $20 million Series A financing round in Daloopa, a provider of AI-powered data extraction services to hedge funds, investment banks, and other financial institutions.

/people

Credit Suisse appoints chief tech and ops officer

Swiss banking firm Credit Suisse has named former Goldman Sachs tech exec as chief technology and operations officer.

/payments

Credit Suisse opens interfaces to private clients

Credit Suisse opens up its interfaces to private clients and now offers payment transactions via the ePost app

/markets

Clearing firms invest in FIA Tech

A group of 10 clearing firms have committed $44 million to the Futures Industry Association's FIA Tech.

/crypto

French and Swiss central banks to run wholesale digital currency trial

The Banque de France and the Swiss National Bank are to work with a private sector consortium on the trial of a CBDC-based cross-border payments model for transactions in the wholesale markets.

/devops

Credit Suisse to hire 1000 IT staff in India

Credit Suisse plans to hire over 1,000 IT employees in India this year, firmly establishing the country as a centre for technology innovation across the bank globally.