Skip to content

Credit Suisse Accused in Suit of Misleading Investors

Credit Suisse faces lawsuit and opposition to a state guarantee, while UBS opposes a forced combination amid financial strain and turmoil

  • Credit Suisse faces its first US investor lawsuit over alleged misleading of shareholders regarding its financial prospects.
  • US Treasury officials have been monitoring the situation.
  • Switzerland's largest party is against a state guarantee for Credit Suisse.
  • UBS and Credit Suisse are opposed to a forced combination.
  • Central bank interest rate hikes have produced financial strain and turmoil, hitting Credit Suisse and other banks.
Credit Suisse Accused in Suit of Misleading Investors

Latest