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The Latest Breaking News from Credit Suisse

Commentary: For Credit Suisse and peers, offshore billionaires are always risky

The reputation of Swiss banking has taken a battering for years and the hits keep coming.

Tribune News Service

How Swiss banking secrecy enabled an unequal global financial system

Centuries-old code of silence helped Switzerland become a magnet for tax-dodging wealthy clients

The Guardian - UK

'Suisse Secrets' puts Swiss banking back in spotlight

Zurich (AFP) - The "Suisse Secrets" data leak claiming to reveal how Credit Suisse handled billions of dollars in dirty money has renewed pressure on Switzerland's financial sector, which has spent years trying to clean up its image.

AFP

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The Guardian view on Credit Suisse: in search of a moral compass

Editorial: Another massive data leak has revealed a lack of due diligence by one of the world’s largest private banks

The Guardian - UK

Credit Suisse has allowed the morally bankrupt to steal from the poor for too long

How many exposés will it take for Switzerland and other countries to change their laws on banking secrecy, says Joseph Stiglitz, a Nobel laureate in economics

The Guardian - UK

Switzerland at risk of EU blacklist after Credit Suisse leak

Apparent due diligence failures by Swiss bank prompts centre-right calls for EU to review relationship with Switzerland

The Guardian - UK

The Credit Suisse leaks expose an industry that has got away with too much for too long

I won’t be holding my breath for government action or an UK inquiry into its actions – or into any other bank for that matter, says banking expert Prem Sikka

The Guardian - UK

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Crooks, kleptocrats and crises: a timeline of Credit Suisse scandals

A string of controversies have beset Switzerland’s second-largest lender, including Japanese ‘shredding party’ and US sub-prime fraud

The Guardian - UK

First Thing: Kremlin says talk of Biden-Putin summit is ‘premature’

Two leaders could meet if necessary but no concrete plans in place, says spokesperson. Plus: meet the ‘millennial parent whisperer’

The Guardian - UK

Revealed: king of Jordan used Swiss accounts to hoard massive wealth

Leak shows King Abdullah was beneficial owner of at least six Credit Suisse accounts

The Guardian - UK

Investigation claims Credit Suisse handled dirty money

Paris (AFP) - Credit Suisse handled billions of dollars in dirty money for decades, an international media investigation based on a massive data leak claimed on Sunday, in the latest setback for Switzerland's second-largest bank.

AFP

'Suisse Secrets' investigation targets Credit Suisse bank

Paris (AFP) - Credit Suisse bank, still reeling from losing billions of dollars last year, faced a fresh challenge Sunday: allegations from an international investigation that it had handled dirty money for decades.

AFP

UK business activity strongest since June, led by travel and leisure; prices surge – as it happened

Eurozone growth also booms, as European stock markets are mixed amid rising tensions on the Ukraine-Russia border

The Guardian - UK

Monday briefing: Credit Suisse leak unmasks fraudsters and corrupt politicians

Massive leak reveals secret owners of £80bn held in Swiss bank … Biden and Putin agree in principle to summit … and Charlie Brooker on being Mr Dystopia

The Guardian - AU

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The Independent UK

Credit Suisse: Huge data leak reveals details on 30,000 of bank’s clients

Swiss bank ‘strongly rejects the allegations and insinuations’ after probe by dozens of media outlets

Tribune News Service

Credit Suisse had clients tied to corruption, reports say

Credit Suisse Group AG managed accounts for clients involved in human rights abuses, corruption and drug trafficking, according to newspaper reports based on leaked data on more than 18,000 accounts that together held more than $100 billion.

AFP

'Swissleaks' investigation targets Credit Suisse bank

The Independent UK

Leak gives details on over 30,000 Credit Suisse bank clients

A German newspaper and other media say a leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients — some of them unsavory — and points to possible failures of due diligence in checks on many customers

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The Guardian - UK

Credit Suisse leak raises painful questions for the bank

Analysis: Bosses will have to prove their aversion to dubious wealthy clients if they are to regain trust of markets and regulators

The Guardian - UK

Revealed: Credit Suisse leak unmasks criminals, fraudsters and corrupt politicians

Massive leak reveals Swiss bank’s accounts have been used by an array of high-risk clients over several decades

The Guardian - UK

Credit Suisse responds to Suisse secrets disclosures

Statement from Switzerland’s second-largest lender on revelations about its business practices

The Guardian - UK

What is the Suisse secrets leak and why are we publishing it?

Banking secrecy is an issue of global public interest that can have a profound impact on the world’s poorest

Benzinga

Read How Analysts Reacted To Generac's Q4 Results

Analysts updated the price target for Generac Holdings Inc. (NYSE:GNRC) post Q4 results. Canaccord analyst Jed Dorsheimer lowered the price target to $556 from $575 and maintained a Buy rating on the shares. The analyst believes margin pressures from the supply chain, logistics, and inflation will peak in 1Q22 and subsequently succumb to the power…

Benzinga

Read How Analysts Reacted To Allegion's Q4 Results

Analysts lowered the price target for Allegion PLC (NYSE:ALLE) post Q4 results. Mizuho analyst Brett Linzey lowered the price target to $145 (an upside of 26.7%) from $170 and maintained a Buy rating on the shares post the Q4 results. Linzey mentions Allegion's Q4 operational results were modestly ahead of expectations, with Americas driving the outperformance.…

Benzinga

4 Arista Networks Analysts Weigh In On Sustainability Of Strong Growth Following Q4 Print

Arista Networks, Inc. (NYSE: ANET) shares are steadily advancing following the cloud networking company's strong quarterly results.

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