By Brenna Hughes Neghaiwi ZURICH – Credit Suisse’s bonus pool fell 32% in 2021, the bank said on Thursday, as the bank slashed regular deferred awards following a string of …
Topic:
Credit
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LONDON -Credit Agricole SA beat its 2022 profit target a year early as lower costs for troubled loans and rising revenues across business lines boosted fourth-quarter results beyond consensus, France’s …
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SHANGHAI – China’s central bank has imposed a 22.37 million yuan ($3.52 million) fine on MYBank, the online bank backed by China’s Ant Group, for violations including breaching rules on …
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BROOKLYN, NY – Brooklyn District Attorney Eric Gonzalez today announced that a Brooklyn man has been sentenced to three to nine years in prison following his guilty plea to grand …
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By Chibuike Oguh – Buyout firm Carlyle Group Inc is in talks to acquire CBAM Partners in a bid to grow its credit investment platform and take on peers such …
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ZURICH – Credit Suisse is pulling out of its wealth management business in a number of African countries, and the private clients are to switch to Barclays, a spokesperson for …
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By Emma-Victoria Farr LONDON – Credit Suisse has hired a senior Oliver Wyman adviser as vice chairman of investment banking and capital markets, according to a memo seen by Reuters. …
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Two Georgia Residents Indicted For Scheme to Defraud Banks and Credit Unions in Green Bay and the Fox Valley
by DOJ PressUnited States Attorney Richard G. Frohling of the Eastern District of Wisconsin announced that on February 1, 2022, a federal grand jury returned an indictment against Michael W. Harvey, Jr. …
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NEW YORK – A U.S. Treasuries yield curve inversion this time around may not be the perfect predictor of a recession, a Credit Suisse strategist said on Wednesday, as the …
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TRINITY, FL -On Jan. 25, a suspect stole credit cards from a car in a neighborhood area of Little Rd. and Mitchell Blvd., in Trinity. The suspect then used the …
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Downtown Los Angeles Man Sentenced to 4 Years in Prison for Fraudulently Obtaining Credit Cards He Used at Luxury Retail Shops
by DOJ PressLOS ANGELES – A Los Angeles man was sentenced today to 48 months in federal prison for leading a conspiracy that fraudulently obtained American Express credit cards and then …
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ZURICH – Swiss prosecutors are pursuing around 42.4 million Swiss francs ($45.5 million) in compensation from Credit Suisse in a money-laundering trial due to begin on Feb. 7, the Swiss …
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– Credit Suisse economists expect a further 50 basis point (bps) cut in China’s reserve requirement ratio (RRR) in the first half of 2022, given the Asian economy is starting …
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Five Senate Democrats are urging the White House to prioritize making the expanded child tax credit permanent as part of any potential spending package. The senators, Michael Bennet of Colorado, …
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ANNAPOLIS, MD—Governor Larry Hogan today announced nearly $9 million in tax credits to more than 9,000 Maryland residents with student loan debt, awarded by the Maryland Higher Education Commission (MHEC). …
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NEW YORK – The U.S. Federal Reserve could resort to outright asset sales to reduce its balance sheet as part of plans to fight unabated inflation, a Credit Suisse analyst …
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LAS VEGAS – A Las Vegas man was sentenced yesterday to 111 months in prison for using skimming devices to steal victims’ identities and credit card account information to buy …
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Essex County Man Sentenced to Three Years in Prison for Unlawfully Possessing Firearm and Conspiring to Defraud Banks of Over $250,000 Using Stolen Credit Cards and Blank Checks
by DOJ PressNEWARK, N.J. – An Essex County, New Jersey, man was sentenced today to 36 months in prison for illegally possessing a firearm and conspiring to defraud two banks of $250,000 …
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SHREVEPORT, La. – United States Attorney Brandon B. Brown announced that Helen Godfrey-Smith, 72, of Shreveport, Louisiana, has pleaded guilty before United States District Judge Elizabeth E. Foote to making …
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NEW YORK, NY – Manhattan District Attorney Cyrus R. Vance, Jr., today announced the indictment of ten individuals for a $750,000 identity theft conspiracy committed between January 2017 and August …
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Las Vegas Man Sentenced To Prison For Stealing Credit And Debit Card Account Numbers To Purchase Show Tickets
by DOJ PressLAS VEGAS – A Las Vegas man was sentenced today to 78 months in prison for stealing credit and debit card account numbers and profile information to spend on Las …
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NEWARK, N.J. – A New York man was indicted today by a federal grand jury in connection with a scheme to defraud banks by using stolen and altered identities to …
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A new study suggests that the child tax credit (CTC) is not reducing overall employment nationwide but is driving some low and middle-income parents away from their private sector jobs …
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Las Vegas Man Sentenced To Prison For Using Skimming Devices At Gas Pumps To Steal Credit And Debit Card Information
by DOJ PressLAS VEGAS – A Las Vegas man was sentenced today to 61 months in prison for his role in a fraud scheme to steal thousands of credit and debit card …
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Amazon will no longer accept Visa credit cards issued in the United Kingdom, the company announced Wednesday. The changes are set to go into effect Jan. 19, 2022, Amazon announced on …