Credit Suisse Group, a troubled Swiss bank, denied accusations made by U.S. senators of restricting the scope of an internal probe into Nazi-linked accounts demanded by the Simon Wiesenthal Center (SWC) three years ago.

The U.S. Senate Finance Committeedetermined Wednesday that Credit Suisse violated its 2014 plea deal, following revelations that the Swiss bank facilitated acts of tax evasion for several of its wealthy clientele in the range of hundreds of millions of dollars.

Credit Suisse, Switzerland’s troubled bank that was recently bought by its rival USB, has been investing in sanctioned entities in China.

UBS agreed Sunday to purchase Credit Suisse, Switzerland’s second biggest bank,for US$3.2 billion, following a tumultuous week for the country’s banking system that threatened to spill over onto the global financial system.

For someone sanctioned for corruption as a public servant during the regime of Muammar Gaddafi, Abdulhamid Daibaba made a pretty good comeback.

Switzerland’s parliament decided Monday tolaunch a probe into its banking secrecy law, after the country came under international criticism for having criminalized the disclosure of information concerning the country’s banking sector.

When a journalist asked the Swiss Federal Prosecutor’s office in January if any investigations had been launched after an insider revealed that Credit Suisse was servicing some of the world’s shadiest characters, the office first reached out to the bank for advice on how to frame its answer.

In the wake of theSuisse Secrets investigation released last year, which uncovered how the bank Credit Suisse had stored the ill-gotten gains of criminals and the corrupt across the world, prosecutors have now launched an investigation, but not into the bank.

Credit Suisse loaned hundreds of millions of dollars to Abramovich’s offshore companies, which used U.S. stocks as collateral, two new leaks reveal. The secretly-owned firms loaned each other massive sums that were mysteriously returned or written off, in what experts said could be a scheme to obscure the origin of the funds.

Credit Suisse agreed to pay France 238 million euro (US$234 million) to settle a criminal probe accusing the bank of facilitating tax fraud and money laundering. The deal brings an end to the latest blow to the Swiss bank’s legal woes.

Credit Suisse has agreed to pay US$495 million to settle a case related to the sale of mortgage-backed securities in the U.S., which contributed to the 2008 financial crisis.

When Sun Daocun died in 2021, he left behind a string of unresolved debts which had enraged a long line of creditors. Now, data from inside Credit Suisse reveals how Sun’s girlfriend, a known proxy for his business affairs, may have shielded his wealth from confiscation by hiding it at the Swiss banking giant.

A Swiss court ordered Credit Suisse to pay the equivalent of US$22 million for failing to prevent a Bulgarian crime ring from laundering money related to cocaine trafficking.

Swiss bankers defended on Tuesday the decision of a parliamentary commission not to strike down the controversial article 47 from the country’s banking secrecy law that has been criticized by the UN, journalists and human rights advocates as violating press freedom.

A Swiss parliament committee will discuss on Thursday a provision of the country’s controversial banking secrecy law that has effectively muzzled journalists and whistleblowers from revealing that war criminals, drug traffickers, their money launderers and other criminals keep their ill-gotten funds in Swiss banks.

The sister of Uzbek-born oligarch and one of the richest Russians, Alisher Usmanov, was added Friday to the European Union’s list of people and entities sanctioned over the Russian invasion of Ukraine.

The Suisse Secrets leak lays bare the extent of the relationship between Credit Suisse and the politically-connected Venezuelan financial sector.

The wife of Uzbekistan’s first deputy prime minister has never appeared in public. But now, two separate document leaks — one from the tropical British Virgin Islands, the other from Switzerland — reveal her to be a secret player in one of the country’s top business relationships.

In response to reports that Credit Suisse had asked investors to destroy documents pertaining to yacht and private jet loans to its wealthy oligarch clientele, the bank released a statement Thursday arguing that its actions were in accordance with its non-disclosure agreement.

Credit Suisse has asked its investors and business partners to destroy documents about the yachts and private jets of its wealthiest clients in an attempt to cover up the fact that the bank had granted loans to oligarchs that were later sanctioned, the Financial Times reported on Wednesday.