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A five-week long, $400 million lawsuit completed submissions on Friday with a lawyer claiming it was fully expected that Credit Suisse’s investment team was responsible for managing his wealthy client’s hundreds of millions of dollars in Credit Suiss...

A lawsuit pitting the former Prime Minister of Georgia against banking giant Credit Suisse’s Bermuda life insurance company and which has lasted five weeks is scheduled to finish today. In its final hours yesterday, proceedings were dominated by a ro...

A case with tentacles that reach into Switzerland, the Caucasus nation of Georgia, as well as the United Kingdom’s territories of Bermuda, the British Virgin Islands and Cayman Islands has lawyers for a Georgian plaintiff saying it is Bermuda’s law t...

Credit Suisse Life (Bermuda) was described as having “no role of substance”. That description came during the closing arguments of a case that has pitted a post-Soviet era oligarch and former Prime Minister of Georgia against the banking giant’s Ber...

Global banking giant Credit Suisse supplied complex and extensive accounts statements as physical copies to its own expert witness – and would not provide them in a more efficient and manipulable electronic format. The situation facing the financial ...

An investment expert giving testimony for global banking giant Credit Suisse this week said it had been only days since he had been provided with and read a report that revealed that one of the bank’s own executives — later convicted of fraud — had r...

Georgian oligarch Bidzina Ivanishvili held a large equity position in an account outside Credit Suisse, the bank whose offshoot Credit Suisse Life (Bermuda) he is suing for the loss of $400 million over a call for payment for the same high-risk equit...

The legal system of the nation of Georgia was under the spotlight in the Bermuda Supreme Court yesterday as law experts crossed swords in the $400-million lawsuit pitting former Georgian Prime Minister Bidzina Ivanishvili against Credit Suisse Life (...

Credit Suisse executives had expressed frustration at a top-performing manager’s multiple compliance breaches, it was revealed in Bermuda’s Supreme Court. Sascha Keusch, head of insurance management at Credit Suisse, was testifying remotely on Friday...

Top staff at Credit Suisse Life (Bermuda) had no idea a $400 million call in respect of leveraged shares in a drug development company – a high-risk category of assets – had been made, even though it emerged this week that the company they were leadi...