Regulators are going after the private exchange operations of European banks.
There was a time not so long ago when if you wanted to store money somewhere, no questions asked, you’d go to Switzerland. Maybe not so much anymore.
The government is expected to file criminal charges today against two former traders at the investment bank Credit Suisse for allegedly misstating the value of mortgage bonds back in 2008.
Prosecutors are expected to file criminal charges against traders from Credit Suisse for inflating the value of mortgage bonds back in 2008. Why it has taken so long for these charges to be filed?
Take an extra week off and disconnect from your computers and BlackBerry, the bank tells employees as it steps up efforts to thwart nefarious trading within its ranks