Search results
Results From The WOW.Com Content Network
Suisse Secrets was a February 2022 leak of details of more than CHF 100 billion (roughly US$108.5bn, €95.5bn or £80bn) held in nominee accounts linked to over 30,000 clients of Credit Suisse, [1] the largest ever leak from a major Swiss bank.
On May 29, 1979, on the second day of the Credit Suisse trial, the Crocci-Torti case came to the fore. Luigi Crocci-Torti, a smuggler , had opened several accounts with Credit Suisse in Chiasso as early as the 1970s, and it turned out that Fabio Vassali had been the director of many of Luigi Crocci-Torti's companies and that a bond of ...
SNB’s chairman, Ammar Al Khudairy, said Credit Suisse was “a very strong bank” and was unlikely to need more cash after raising 4bn Swiss francs (£3.59bn) to fund a major restructuring plan ...
Seidel has held more than 54.5 million Swiss francs ($41.9 million) in 6 Credit Suisse bank accounts, one of which was active until at least 2016, as revealed in the 2022 Suisse secrets. [1] Credit Suisse never reported Seidel to the German prosecution as suspicious, even though his salary did not explain the amount in his Credit Suisse accounts.
FILE - Grey clouds cover the sky over a building of the Credit Suisse bank in Zurich, Switzerland, on Feb. 21, 2022. Battered shares of Credit Suisse lost more than one-quarter of their value ...
For premium support please call: 800-290-4726 more ways to reach us
An investigation in February 2022 by The Guardian following the Suisse Secrets leaks revealed that Credit Suisse was holding bank accounts for many criminals, fraudsters and corrupt politicians. [141] In early September 2023, UBS had clearly profited from the takeover as its stocks were increasingly valuable. From April to July, UBS made a ...
It had found an ex-employee of the bank guilty of money-laundering, and Credit Suisse of failing to do enough to stop the gang from laundering profits through the lender from 2004 to 2008.