Log In

The Credit Suisse Group had discovered that a now-disgraced relationship manager, whose high-net-worth clients included the former Prime Minister of Georgia, had been engaged in compliance violations that resulted in the bank repeatedly taking discip...

At least some share purchases generated kickbacks for a Europe-based Credit Suisse relationship manager, who used a Bermuda subsidiary to facilitate unauthorised acquisitions for a billionaire client’s account, a Bermuda court heard yesterday. The re...

Week two begins today in the Supreme Court case where a former prime minister of Georgia is alleging that a Credit Suisse Bermuda unit bears responsibility in how $400 million of his money went missing. Bidzina Ivanishvili concluded on Friday his thi...

Bidzina Ivanishvili, the billionaire and former prime minister of Georgia, gifted $1 million to rogue Credit Suisse banker Patrice Lescaudron — a man who defrauded his clients for a decade and later was imprisoned for his crimes. The disclosure was m...

The former leader of the nation of Georgia told a Bermuda court yesterday that during the fall of the Soviet Union he had made a fortune so large that he became one of the world’s richest men. But he trusted Credit Suisse implicitly with a billion do...

The former prime minister of the Caucasus country of Georgia may be called to give evidence as early as this morning in a case being heard in Bermuda’s Commercial Courts. The case, before Chief Justice Narinder Hargun, is being conducted virtually vi...

Piracy is widespread, and a threat to our well-ordered ordered lives, those in the shipping industry say. It is also an issue that at least one Bermuda resident, Jens Alers, knows a lot about as the company for which he is managing director, Bernhard...

Sun Life Financial International today announced plans to hire more Bermudians and accelerate expansion in its Bermuda operation. Top executives with the company are meeting with the Premier Michael Dunkley this week for discussions on the moves. The...

Hurricanes Fay and Gonzalo drove the Retail Sales Index up for October, according to figures and analysis released this morning. The Department of Statistics reported that retail sales for the month were 4.4 per cent higher than the $82.2 million rec...

A Progressive Labour Party bill to move the Bermuda Day holiday to the Friday before the last Monday of May received support from the Government’s Minister of Community, Culture and Sport Wayne Scott in the House of Assembly. The draft legislation, e...