Credit Suisse says it plans to close some clients' accounts as it focuses on high-value customers in some countries and pulls out of others altogether.
Swiss banking giant Credit Suisse has reported a 32 percent rise in second-quarter profit from a year ago to 1.04 billion francs, largely thanks to a strong trading performance.
Credit Suisse's net profit for 2012 fell 24 percent to 1.4 billion francs ($1.5 billion) from the previous year despite a return to profit for its investment bank unit.
All of the $1.3 billion Holocaust restitution fund created by Swiss banks in 1998 has been returned to victims, a judge
involved in the case said in an interview published on Thursday.
A British court on Monday approved the extradition of a former senior Credit Suisse trader to the United States to face charges over a $540-million fraud.
Swiss banking giant Credit Suisse said on Thursday it would sell its stock exchange-traded investment fund business to US investment firm BlackRock as part of a divestment plan announced last July.
The buoyant Swiss residential property market is set to see a slowdown in prices if not a correction in the coming year, a study from Credit Suisse says.
Unemployment remains the number one concern, but despite the economic crisis in Europe, Swiss citizens are bullish about their prospects and proud about their country, a survey conducted for Credit Suisse shows.
Swiss banking giant Credit Suisse has sold its headquarters, an enormous office complex in Zurich, to Norway's state pension fund for one billion francs ($1.07 billion).
Swiss banking giant Credit Suisse wants to clean house and remove all tax evaders from its clientele, bank chairman Urs Rohner said in an interview published on Wednesday.
The state of New York sued Credit Suisse for fraud Tuesday over the sale of questionable mortgage securities that dealt buyers $11.2 billion in losses in the US housing meltdown.
Swiss banking giant Credit Suisse will stick with its investment bank and does not plan a major overhaul similar to the one
recently announced by UBS, the bank's chairman said in an interview published on Saturday.
Swiss banking giant Credit Suisse said on Thursday that third-quarter net profit plunged 63 percent to 254 million Swiss
francs ($225.6 million) and that it would enact further cost cutting measures.
The German region of North Rhine-Westphalia will continue to buy data on people suspected of stashing assets in Swiss banks to avoid taxes, the state premier was quoted as saying on Sunday.
Switzerland has been implicated among an array of tax havens harbouring a staggering $21 trillion of offshore assets stashed by the super-rich worldwide, a new report charges.
Switzerland's second bank Credit Suisse said it has not found any "significant problem", after cooperating with a Swiss
investigation into the Libor interest rate-rigging scandal.
<p>Authorities in the west German region of North Rhine-Westphalia have bought data on German clients of a Swiss bank suspected of tax evasion, a report said on Saturday.</p>
<p>German authorities investigating suspected tax fraud have started nationwide raids of many Credit Suisse bank clients, the Handelsblatt financial daily reported Wednesday.</p>
<p>Swiss banking giant Credit Suisse said on Wednesday its first quarter profits plunged to just 44 million francs ($48.3 million) from 1.1 billion francs a year ago amid debt losses.</p>
<p>Executives at Swiss banking giant Credit Suisse saw their pay packet shrink by about half in 2011, according to the bank's annual compensation report which was published on Friday.</p>
<p>Swiss banking giant UBS on Thursday denied it had directly handed files to US authorities detailing which of its rivals had taken on its American clients following a tax evasion probe.</p>
<p>Swiss banking giant UBS has handed over to US tax authorities data indicating which of the bank's rivals took on its American clients following a probe, it was reported on Thursday.</p>
