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Softbank Says Credit Suisse to Blame For Fund’s $440 Million Greensill Loss

Oct 4 2024 // Softbank Group Corp., facing a $440 million lawsuit from Credit Suisse, said the bank was to blame for some of the investor losses tied to the collapse of Greensill Capital.In the latest stage of the long-running dispute,...

US Authorities Scrutinize if Credit Suisse Misled Investors Before UBS Rescue: Filing

Sep 20 2023 // U.S. authorities are seeking evidence from Credit Suisse to assess whether the bank misled investors about its financial health as it teetered towards a state-backed rescue by UBS six months ago.Credit Suisse “has...

Credit Suisse Unit Ordered to Pay Georgian Tycoon Ivanishvili $743 Million

Sep 20 2023 // A Credit Suisse unit has been ordered to pay billionaire Bidzina Ivanishvili reduced damages of $742.7 million by a Singapore court as it confirmed that the bank’s trust had failed to safeguard its client’s...

Swiss Investor Group Lawsuit to Seek Compensation Over UBS-Credit Suisse Deal

Jul 17 2023 // A Swiss investors’ association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders, the latest legal action triggered by the bank’s emergency takeover by its cross-town...

Credit Suisse to Appeal Bermuda Court Ruling Against Georgia’s Ex-Prime Minister

Jun 26 2023 // A Bermuda appeals court on Friday largely dismissed Credit Suisse’s appeal in an ongoing case involving the Swiss bank’s local life insurance arm and Georgia’s former Prime Minister Bidzina...

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