A former Credit Suisse Group AG banker who admitted to his role in a $2 billion fraud and money-laundering scheme avoided prison Wednesday after cooperating with the government.

Andrew Pearse, who was Singh’s boss and served as the government’s star witness at both trials, also avoided prison. A third banker, Detelina Subeva, pleaded guilty but did not testify.

Jack Tierney, former Credit Suisse equity trader, has joined the cash equities trading team at BNP Paribas, The TRADE can reveal. A spokesperson for BNP confirmed his appointment. He joins BNP Paribas ...

The UK regulator said in March that it had banned Pearse, a 55-year-old New Zealander, and Surjan Singh, another former Credit Suisse managing director, after they pleaded guilty in the US six ...

Subeva becomes the third ex-Credit Suisse employee to be banned for lacking integrity, after her co-conspirators, Andrew Pearse and Surjan Singh, were banned earlier this year in February, following ...

The Department of Justice said Credit Suisse Services AG will hand over more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

In 2014, Credit Suisse became the largest bank in 20 years to plead guilty to a US criminal charge, agreeing to pay a $2.5 billion fine for helping Americans evade taxes in a conspiracy that ...

Dive Brief: Credit Suisse Services AG, now owned by UBS, has agreed to pay more than $510 million to settle a yearslong investigation into how the lender helped taxpayers hide assets and income in ...

(Reuters) -A Credit Suisse unit on Monday pleaded guilty to U.S. charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than $510 million, the U.S. Department of ...

UBS reported some suspicious transactions to authorities after it merged with Credit Suisse in 2023. UBS anticipated the fine and had set aside some money to pay for it, the bank said in a ...

Credit Suisse in 2014 pleaded guilty to helping U.S. taxpayers hide offshore accounts from the IRS, and paid $2.6 billion to settle the case. At the time, it was the largest ever payment in a ...