Credit Suisse

Credit Suisse Group is a world-leading financial services company, advising clients in all aspects of finance, around the world, around the clock.

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C Suisse CEO says bank not caught short

Tidjane Thiam

Credit Suisse CEO Tidjane Thiam said hedge funds are wrong to assume that the bank will have to raise additional capital after the shares touched a fresh all-time low last week, according to two people with knowledge of the matter.

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Dubai

People News: Citi, C Suisse, SocGen

Citigroup has promoted James von Moltke to treasurer, filling a job left vacant earlier this year when Eric Aboaf left to become Citizens Financial Group’s chief financial officer.

SEC Building

Citigroup agrees to pay $7m penalty over coding error

The Securities and Exchange Commission thas announced that Citigroup Global Markets has agreed to pay a $7m penalty and admit wrongdoing to settle charges that a computer coding error caused the firm to provide the agency with incomplete “blue sheet” information about trades it executed.

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SEC Building

Citigroup agrees to pay $7m penalty over coding error

The Securities and Exchange Commission thas announced that Citigroup Global Markets has agreed to pay a $7m penalty and admit wrongdoing to settle charges that a computer coding error caused the firm to provide the agency with incomplete “blue sheet” information about trades it executed.