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Credit Suisse

Credit Suisse Hong Kong to pay $77m for corrupt hiring scheme

Asia | 6 Jul 18

Credit Suisse Hong Kong to pay $77m for corrupt hiring scheme

Credit Suisse’s investment bank in Hong Kong will pay a total of $77m (£58.2m, €65.9m) to settle criminal and civil proceedings taken by the US Department of Justice and the Securities and Exchange Commission (SEC) for its role in a corrupt hiring scheme.

Asia | 6 Jun 18

Credit Suisse to pay $47m to resolve Asia hiring probe

Credit Suisse has agreed to pay a penalty of $47m (£35.1m, €40.1m) to the US Department of Justice (DOJ) to end an investigation into whether it hired employees in Asia in return for investment banking business and regulatory green lights.

Africa | 5 Jun 18

Finding value in EMD and alternative fixed income

To navigate the hazards of the bond markets, one fund manager looks to US and emerging market debt for value while a fund selector finds opportunity in alternative fixed income.

Why high net worths are leaving the UK

Alternatives | 16 May 18

Credit Suisse luxury fund to move to Lombard Odier

France-based Lombard Odier is to take over a Credit Suisse luxury product fund as part of a plan to expand into the sector.

Asia | 3 May 18

Ex-Credit Suisse banker banned for hiding beneficial owners

The Monetary Authority of Singapore (Mas) has banned a former Credit Suisse banker for deliberately concealing the identity of the true beneficial owners of three bank accounts.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.