The U.S. Attorney’s Office in New Jersey is investigating Credit Suisse AG over mortgage-backed securities packaged and sold by the bank, according to people familiar with the matter. U.S. Attorney’s Offices in other districts are focusing on other banks in related investigations, said the people, who were not authorized to […]
Tag: Credit suisse
Credit Suisse returns to profit in Q4
Credit Suisse, Switzerland’s second-biggest bank, returned to profit in the fourth quarterof 2012 but said it was planning to cut costs more than previously planned. The Zurich-based bank said Thursday it made a profit of 397 million Swiss francs ($435 million) during the period, in contrast to last year’s loss […]
UK court orders extradition of Credit Suisse exec
A British court has ruled that a former executive of Credit Suisse can be extradited to the United States to face fraud charges. Officials at Westminster Magistrates Court said the extradition order was approved Monday, and now goes to Home Secretary Theresa May for final approval. Kareem Serageldin, a 39-year-old […]
