But why 3 now when only 1 in 2008?
Good start
I will not hold my breath on them being held accountable to a punishment that fits the crime which is why it just happens over and over and over again.
Banking? Fraud Folks being bilked? Ross, Chao & Ackermann must be giving fraud lessons in their spare time. Someone call SenWarren so she can get a leg up on this.
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Three Former Credit Suisse Bankers Arrested for Involvement in Mozambique Debt DealsThree former Credit Suisse Group bankers were arrested Thursday in London in connection with a $2 billion fraud scheme, according to a statement by the U.S. Department of Justice. Well done 👍🏻 Daily business for this institution of banksters $xiv This is so typical.
Source: WSJ - 🏆 98. / 63 Read more »
US.. Seeks To Extradite 3 Ex-Credit Suisse Bankers For Fraud in MozambiqueThe three were at the center of a scheme that loaned $2 billion to Mozambique for sham tuna fishing and naval projects. What about the ones at Well Fargo? No punishment just delayed promotions and higher fees to customers to repay their fines.
Source: NPR - 🏆 96. / 63 Read more »
Credit Suisse Mozambique mess is shameful at bestThree of the Swiss lender’s former bankers have been arrested on charges of facilitating kickbacks on $2 bln of loans for the African country. Credit Suisse blames deceptive employees and says it has tightened controls. Even if the fallout ends there, it’s highly embarrassing.
Source: Breakingviews - 🏆 470. / 51 Read more »
Credit Suisse settles New York state RMBS lawsuitCredit Suisse has settled a 2012 New York state lawsuit alleging misconduct over...
Source: Reuters - 🏆 2. / 97 Read more »
Credit Suisse tells clients to sell into a 5% stocks rally it sees comingReduced profit expectations, Federal Reserve actions and elevated corporate debt are factors conspiring to limit market upside, the bank said. yea it noew you fine troubel line word complexeted so any you now and vclear i give you need mooney Sorry, it ain’t coming...
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse strategist shares his top concern about current market conditions'The revenues are knock-the-lights-out good, [but] the margins are horrifically bad, based on Wall Street consensus expectations,' Credit Suisse's Jonathan Golub says. Whatever Credit Suisse says, the opposite happens. That's 3 people in 24 hours. How many more will it take
Source: CNBC - 🏆 12. / 72 Read more »
President seeks credit for spending time in the White HouseTrump is reportedly 'baffled' that he's not getting credit for staying in the White House during the shutdown. Perhaps I can help explain this to him. MaddowBlog He should not be paid at all MaddowBlog Sure, why not -- that's precisely what the President did; 'spent time' and continues to spend time, 'in the White House.' What's the point. I do know Nancy Pelosi was in Hawaii. BTW, President paid an unexpected visit in Iraq too! Don't forget that Ms. maddow MaddowBlog No
Source: MSNBC - 🏆 469. / 51 Read more »
Demand for new smartphones is in free-fall and this chart shows that the bottom is not yet in sightCredit Suisse said smartphone production levels will fall to their lowest level since 2013 in the first three months of 2019. Common sense tells you that if current contracts are 36 months to spread the cost of £1,000+ devices, renewals will be down. 50 inch TVs are only £349 now. 🤔 No wonder after apple announced to reduce its iPhone production $APPL Consumption fatigue
Source: BusinessInsider - 🏆 729. / 51 Read more »
The head of tech at Credit Suisse gives her best advice for workers losing their jobs to robotsLaura Barrowman, Credit Suisse's chief technology officer, said there is a global deficit of cyber skills.
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Credit Suisse’s technology chief says IBM’s spotty history with acquisitions gives her reason to worry about the $34 billion Red Hat dealBusiness Insider spoke to Laura Barrowman, the chief technology officer at Credit Suisse, at the World Economic Forum in Davos on Monday. Never mind the price tag lol
Source: BusinessInsider - 🏆 729. / 51 Read more »