News Topic: Credit Suisse

Capital One Financial Corp. plans to repurchase shares following the sale of $17 billion in mortgages to a Credit Suisse subsidiary. ... Read full article

Overseas firms have been subject to nonpublic versions of the Federal Reserve reviews, but observers say some foreign banks may be tripped up by the public version. ... Read full article

Morgan Stanley also reported a wide disparity in gender pay, reflecting the greater proportion of men in top executive posts. ... Read full article

The Puerto Rico-based bank failed in 2015. The FDIC, its receiver, is seeking unspecified economic and punitive damages from 16 lenders, including Bank of America, Barclays and Credit Suisse. ... Read full article

A group of big financial institutions wants to use the blockchain to help resurrect the packaging of home mortgages into securities, a business that almost destroyed the global banking system in 2008. ... Read full article

The McLean, Va., company and several other banks have disclosed the charges they expect to record in the fourth quarter due to lower values on their deferred tax assets. ... Read full article

Rather than forming a consortium of peers to investigate blockchain technology, as many banks have done, one of the world's largest asset managers is acting on its own. ... Read full article

The speculation around bitcoin is the "very definition of a bubble," Credit Suisse Chief Executive Officer Tidjane Thiam said as the currency exceeded $7,000 for the first time. ... Read full article

Credit Suisse, State Street and several other banks are experimenting with a blockchain technology that could allow them to make corporate deposits more affordable to hold on their books. ... Read full article

Credit Suisse Group AG said it settled lawsuits brought by Massachusetts Mutual Life Insurance Co. over the sale of mortgage-backed securities before the financial crisis. ... Read full article

The Swiss bank got involved in microfinance in a counterintuitive way: at the behest of its wealthiest clients. Technology has made lending in small rural villages more efficient and profitable. ... Read full article

Quantitative investors, starved for trading signals that can be spun into gold, are pressuring the finance firms they work with to grant them access to proprietary information. ... Read full article

Five banks and tech firms R3 and HQLAX are using distributed ledger technology to make it easier to transfer liquid securities and collateral. ... Read full article

Coordinators of a financial-industry backed blockchain project say they have successfully demonstrated that the distributed ledger technology can be used to syndication, trade and make payments on leveraged loans. ... Read full article

Credit Suisse, the second-largest Swiss wealth manager, faces a sweeping tax evasion and money laundering investigation spanning five countries and potentially involving thousands of account holders. ... Read full article