<p><span lang="EN-GB">A former Credit Suisse client, Hugo Rey, has lost his case in the Supreme Court against the Swiss banking giant despite the late discovery of evidence that appeared to support his cause. <br /></span></p>
<p>Swiss authorities said on Friday they have opened an investigation into suspected manipulation of interbank lending rates, following similar actions in other countries.</p>
<p>Two former Credit Suisse executives on Wednesday pleaded guilty to falsely inflating subprime mortgage-related bond prices as the US housing market tanked, authorities said.</p>
<p><span lang="EN-GB">After consultation with Credit Suisse and other Swiss banks, Finance Minister Eveline Widmer-Schlumpf has offered the US tax authorities millions of internal client emails in an attempt to relieve pressure on banks, according to reports.<br /></span></p>
<p>Stricter bank rules drawn up by the Swiss government to prevent the need for costly bailouts do not go far enough, the Organisation for Economic Cooperation and Development said on Tuesday.</p>
<p class="MsoNormal" style="line-height: normal;"><strong><span lang="EN-US">American authorities have said they will </span></strong><strong><span lang="EN-US">lift the threat of criminal proceedings against eleven Swiss banks if they agree to reveal full details about their US offshore businesses, newspaper SonntagsZeitung reports.<br /></span></strong></p>
<p><span lang="EN-US">The Swiss Federal Criminal Court sentenced on Thursday a former employee of Credit Suisse to a two-year suspended sentence for breaching bank secrecy laws and money laundering.</span><strong></strong></p>
<p>The liquidator of the Madoff pyramid scheme case is seeking $375 million from Credit Suisse to be used to repay investors duped of billions of dollars in the scandal.</p>
<p class="MsoNormal"><span lang="EN-US">Nestlé, Credit Suisse and Google are the best companies to work for in Switzerland, </span><span lang="EN-US">according to a survey by Sweden's Universum Communications.</span><strong></strong></p>
<p>Switzerland said on Wednesday it has amended a decree to ensure that US clients of Swiss banks are informed of any probes against them, against a backdrop of increased action by Washington.</p>
<p>Switzerland's second-biggest bank Credit Suisse has sent 130 files on US clients to the Swiss tax authorities, who might forward them to their US counterparts, a Swiss weekly reported on Sunday.</p>
<p>Swiss banking giant Credit Suisse said on Tuesday that third-quarter net profit rose 12 percent from a year ago to 683 million francs ($776 million), but said it would cut staff by three percent.</p>
<p>Swiss banking giant Credit Suisse is expected to announce 1,000 job cuts when it publishes its third-quarter earnings results on Tuesday, newspaper Tages Anzeiger reported on Monday.</p>
<p><span style="font-family: arial,helvetica,sans-serif; font-size: small;" lang="EN-US">The average Swiss sits on a fortune amounting to 450,000 francs ($497,000), making the country the wealthiest in the world, according to a new report published on Thursday.</span></p>
<p>The Swiss Bourse has opened an investigation into banking giant Credit Suisse over possible trading violations, it announced on its website on Thursday.</p>
<p class="MsoNormal"><span lang="EN-US">Swiss financial authorities have urged bank giants UBS and Credit Suisse to quickly improve the quality of their equity capital as fears mount that the Greek debt crisis will spread across the banking sector.<br /></span></p>
<p><span style="font-family: arial, sans-serif; font-size: 13px;">Swiss banking giant Credit Suisse said om Monday that it has reached a deal with German authorities to end a tax evasion probe, and that it would pay €150 million ($205 million) to settle the case.</span></p>
<p>Switzerland's two biggest banks on Sunday gave divergent opinions on the Swiss National Bank's decision to put a floor on the Swiss franc's exchange rate against the euro, local media reported.</p>
<p>US authorities have given Switzerland until Tuesday to transmit data from tax evaders in the United States who have stashed assets away in Swiss banks, the SonntagsZeitung reported on Sunday.</p>
<p>Swiss stocks briefly plunged over three percent in nervous Friday morning trade, tracking losses in other key markets ahead of the release of key US jobs data.</p>
<p class="MsoNormal"><span style="font-size: 14.0pt; mso-bidi-font-size: 12.0pt; font-family: Arial;" lang="EN-GB"><span style="font-size: small;">The 900 job cuts recently announced at UBS and Credit Suisse could be just the beginning as Switzerland’s banks face massive belt-tightening across the board, a prominent Swiss banker says.</span></span></p>
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<p>The US Justice Department on Thursday charged three former Credit Suisse bankers and a Swiss trust company founder with helping wealthy Americans evade US taxes by keeping money in secret Swiss bank accounts. </p>
<p>Swiss banking giant Credit Suisse said Friday that it is being investigated by the US Department of Justice over private banking services provided to US taxpayers.</p>
<p>Swiss legislators have moved to drastically toughen capital requirements on big banks Credit Suisse and UBS amid concerns their failure in a crisis could drag down the Alpine country's economy.</p>
