Credit Suisse to pay $77m for Asia hiring practices

Pan Yue

July 06, 2018 07:30 am

Credit Suisse_PA_230x150 — A general view of the Credit Suisse private bank offices on February 18, 2015 in Geneva, Switzerland. - NEWZULU/REMY GENOUD | REMY GENOUD/PA Images

Credit Suisse has been fined $77m by the US authorities to settle charges around its hiring of friends and family of Chinese government officials to win investment banking business.

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Asia Market news Credit Suisse People and Markets Market News Hong Kong SAR Asia Greater China Northeast Asia Asia Pacific EM People and Markets Emerging Markets

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Pan Yue

Loans reporter GlobalCapital Asia