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News Breaks | | | | March 13, 2012 | | 10:16 EDT |  | CS | Credit Suisse executive fined by FSA, NY Times reports
Nicholas Kyprios, head of European credit sales at Credit Suisse (CS), has been fined about $329,000 by the Financial Services Authority for disclosing confidential client information, according to DealBook. Kyprios, who also lost 50% of his 2011 bonus for his role, remains at his London-based role at the bank. Reference Link | |
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News For CS From The Last 14 Days Check below for free stories on CS the last two weeks. |
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| May 16, 2013 | | 12:32 EDT |  | CS | EU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link | | | May 13, 2013 | | 06:49 EDT | | CS | ECB member says negative deposit rates would help economy, Reuters says
 Subscribe for More Information | | | May 6, 2013 | | 06:12 EDT | | CS | Credit Suisse alleges Goldman Sachs hire stole secrets, Bloomberg reports
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