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The trial of three executives of the now insolvent German financial services provider Wirecard, including its former chief executive officer Markus Braun, opens in Munich. Braun and two others have been charged with accounting fraud, breach of trust, commercial gang fraud, and market manipulation.
2022-12-8

Global investment bank Credit Suisse agrees to pay a US$475 million fine to U.S. and British authorities after pleading guilty to conspiring wire fraud towards investors, which violated the anti-corruption law of Mozambique regarding bond offerings.
2021-10-19

Credit Suisse CEO Tidjane Thiam resigns after a spying scandal.
2020-02-7

Credit Suisse pleads guilty to helping American citizens evade taxes and agrees to a US$2.6 billion fine.
2014-05-20

Rogue trader at Swiss bank UBS Kweku Adoboli is found guilty and is sentenced to seven years in prison for his role in the 2011 UBS rogue trader scandal.
2012-11-20

Moody's downgrades the credit rating of 15 major world banks: UK (The Royal Bank of Scotland, Barclays and HSBC), US (Bank of America, Citigroup, Goldman Sachs and JPMorgan), Rest of world (Credit Suisse, UBS, BNP Paribas, Crédit Agricole, Société Générale, Deutsche Bank, Royal Bank of Canada and Morgan Stanley).
2012-06-21

Oswald Grübel, chief executive of Swiss bank UBS, resigns in the wake of a rogue trading scandal.
2011-09-24

The UK's Metropolitan Police arrest trader Kweku Adoboli after Swiss bank UBS says it lost $2bn (£1.3bn) as a result of unauthorised trading by a member of staff.
2011-09-15

Switzerland's UBS reports that it has lost US$2 billion on unauthorised deals by Kweku Adoboli, one of its London-based traders.
2011-09-15

Swiss bank Credit Suisse announces plans to cut 2,000 jobs due to poor profit results.
2011-07-28