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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...

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...

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...

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...