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Credit Suisse reaches out-of-court settlement with former star banker Iqbal Khan over allegations of spying

Credit Suisse settles spying case with former banker

Credit Suisse has reached an out-of-court settlement with former star banker Iqbal Khan over allegations of spying that led to the resignation of the chief executive Tidjane Thiam, a spokesperson for the Swiss bank said.

Business • 26 Jul 21

Credit Suisse saw its net profit rise to 1.314 billion Swiss francs ($1.35 billion), helped by a negative tax rate and one-off gains

Credit Suisse warns over coronavirus uncertainties

Credit Suisse Group has today posted a 75% rise in first-quarter net profit, but cautioned that the global coronavirus pandemic could impact performance in coming quarters.

Business • 23 Apr 20

Credit Suisse's CEO Tidjane Thiam quit after a spying scandal at the bank sparked a boardroom revolt and will leave formally tomorrow

Credit Suisse posts best profit since 2010

Credit Suisse has today posted a 69% rise in annual net profit in a bittersweet swan song for outgoing chief executive Tidjane Thiam.

Business • 13 Feb 20

Credit Suisse's chief executive Tidjane Thiam quits

Credit Suisse CEO Thiam quits after spying scandal

Credit Suisse chief executive Tidjane Thiam has quit after a power struggle at Switzerland's second-biggest bank, which faces investor pressure over a spying scandal being investigated by Swiss regulators.

Business • 07 Feb 20

Credit Suisse clears CEO Tidjane Thiam from knowledge of a second spying incident at the bank

Former Credit Suisse COO blamed for second spying case

Credit Suisse has cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident.

Business • 23 Dec 19

Credit Suisse clears CEO Thiam of spying on banker

Credit Suisse today cleared chief executive Tidjane Thiam of ordering the botched surveillance of the bank's former wealth management head Iqbal Khan.

Business • 01 Oct 19

Credit Suisse's chief executive Tidjane Thiam

Credit Suisse unexpectedly boosts Q1 earnings

Credit Suisse boosted its first-quarter net profit nearly 8% to 749 million Swiss francs ($734m) as larger-than-expected wealth management gains offset investment banking declines.

Business • 24 Apr 19

Credit Suisse is Switzerland's second-biggest bank

Credit Suisse Q3 profit jump fails to convince market

Credit Suisse's third-quarter net profit fell short of expectations, pressuring its shares even after the bank said it would return to the black in the full year for the first time since Tidjane Thiam became chief executive in 2015.

Business • 01 Nov 18

Tidjane Thiam, the CEO of Credit Suisse, is among the bank leaders who have dropped plans to travel to the Saudi event this month

More banking executives pull out of Saudi conference

The chief executives of HSBC, Standard Chartered and Credit Suisse have pulled out of a high profile conference in Saudi Arabia next week.

Business • 16 Oct 18

Tidjane Thiam earned 9.7 million Swiss francs last year

Credit Suisse CEO pay falls after shareholder mutiny

Credit Suisse's chief executive Tidjane Thiam earned slightly less in 2017 during his third year on the job, as shareholder scrutiny during the final stages of a major overhaul dampened executive pay.

Business • 23 Mar 18

Credit Suisse CEO Tidjane Thiam has focused on scaling back its investment banking business

Credit Suisse posts third annual loss in a row

Credit Suisse has today posted a smaller-than-expected 2017 loss of 983 million Swiss francs.

Business • 14 Feb 18

Credit Suisse CEO Tidjane Thiam continues the restructuring of the bank

Credit Suisse targets more cost cuts

Credit Suisse has announced plans to boost shareholder returns as chief executive Tidjane Thiam looks to complete a restructuring of Switzerland's second-biggest bank in 2018.

Business • 30 Nov 17

Zurich-based Credit Suisse has reported a net loss of 2.44 billion Swiss frane

Credit Suisse to cut thousands of jobs in 2017

Credit Suisse is to cut up to 6,500 jobs this year after reporting a 2.44 billion Swiss franc ($2.43 billion) net loss for 2016..

Business • 14 Feb 17

Analysts and investors agree with the path CEO Tidjane Thiam has set Credit Suisse on

Credit Suisse announces more job cuts

Credit Suisse today announced 800 million Swiss francs in additional cost cuts and plans to shrink its investment bank further as it spurs a restructuring plan aimed at revitalising its earnings.

Business • 23 Mar 16

Switzerland's second-biggest bank has posted a 2015 net loss of 2.94 billion Swiss francs

Credit Suisse posts its first loss since 2008

Credit Suisse has reported its first full-year loss since 2008 as it booked a big impairment charge for its investment banking business under new CEO Tidjane Thiam.

Business • 04 Feb 16

Tidjane Thiam aims to float between 20-30% of the domestic Swiss bank by the end of 2017

New Credit Suisse boss announces overhaul plans

Credit Suisse announced a complete overhaul of the business today along with plans to raise 6 billion Swiss francs in a share offer to strengthen the bank's capital base.

Business • 21 Oct 15

Tidjane Thiam, currently head of Prudential, is due to take over as Credit Suisse CEO soon

Credit Suisse Q1 profit up 23% on healthy trading

Credit Suisse's first-quarter net profit rose 23% after market volatility boosted securities trading and on gains at its private bank for wealthy clients.

Business • 21 Apr 15

Tidjane Thiam to leave Prudential to become new boss at Credit Suisse

Prudential's Thiam to leave for Credit Suisse job

Prudential today paid tribute to "one of the most exceptional leaders" in its history after boss Tidjane Thiam announced plans to leave the insurer.

Business • 10 Mar 15

Prudential's CEO Tidjane Thiam says the company does not see a hard landing in China

Prudential upbeat on Asia and US operations

Prudential said the economic outlook for Asia and the US was good as it reported a double-digit rise in profit from new business in the first nine months of the year.

Business • 18 Nov 14

Prudential's chief executive Tidjane Thiam reports 'strong performance" for last year

Prudential's 2013 net profits tumble

Prudential said today that net profits slumped by nearly 40% last year, as it suffered from turbulence in emerging markets.

Business • 12 Mar 14

Tidjane Thiam