Credit Suisse CEO Tidjane Thiam and the bank's board of directors have offered to cut their own bonuses by 40%…
Swiss bank HSBC has decided to close its private banking unit in India, where the increasing number of wealthy individuals…
Former HSBC employee Herve Falciani has been convicted of economic espionage and sentenced to five years in jail in absentia,…
Convicted former UBS trader Kweku Adoboli has been formally banned from working in the financial services industry. Kweku Adoboli, 35,…
Swiss banks have reported suspicions of money laundering by soccer’s governing body FIFA. Local prosecutors are investigating 53 cases of…
Swiss bank UBS has reached an agreement with US housing agencies to settle claims it had mis-sold mortgage investments. UBS…
The head of the European Commission has told the European Parliament he wants EU-wide exchange of income data as part…
The Financial Services Authority (FSA) has fined UBS $47.6 million for failings that led to trader Kweku Adoboli losing $2.2…
Kweku Adoboli, the City trader who lost $2.2 billion of Swiss bank UBS's money, has been found guilty of two…
Greek journalist Costas Vaxevanis has been acquitted of breaching privacy for publishing the names of 2,000 suspected tax evaders. Costas…