U.S. says Credit Suisse to pay $475 mln to resolve Mozambican scandal charges

Credit Suisse Group AG has agreed to pay about $475 million to American and British authorities to resolve bribery and fraud charges related to Mozambican bond offerings while a subsidiary pleaded guilty to a conspiracy charge in New York, another blow for the scandal-plagued Swiss bank. The bribery and fraud charges brought by the U.S. … Continue reading U.S. says Credit Suisse to pay $475 mln to resolve Mozambican scandal charges