Credit Suisse faces rising pressure to forgive loans made to Mozambique as the bank works to rehabilitate its international image
Credit Suisse Group AG’s recent shareholder meeting took an awkward turn when a Mozambican activist questioned Chairman Urs Rohner over the bank’s role in fraudulent deals that saddled her country with $2 billion of debt.
The confrontation halfway through Friday’s meeting was the latest example of the rising international pressure on Credit Suisse to forgive loans it made to Mozambican state-owned companies engaged in an alleged complex fraud, and potentially, to pay damages to victims.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Swiss group files criminal complaint against Credit Suisse over Mozambique loansA Swiss anti-corruption lobby group has filed a criminal complaint against Credi...
और पढो »
Shareholders back Credit Suisse pay report despite complaintsShareholders approved Credit Suisse's 2018 compensation report with an 82 p...
और पढो »
Credit card companies like Barclays, AmEx, and Capital One are making it easier than ever to deal with a lost or stolen cardCredit card companies like Barclays, AmEx, and Capital One have introduced features to give consumers more options, and more control, than ever.
और पढो »
'Small earthquakes can lead to large tsunamis': A Wall Street chief risk officer breaks down why European turmoil is what keeps her up at nightEurope's economy looks more and more vulnerable, and Credit Suisse Chief Risk Officer Lara Warner said at the 2019 Milken Institute Global Conference.
और पढो »
Opinion | Give Elizabeth Warren credit where it’s dueOpinion: Give Elizabeth Warren credit where it’s due, JRubinBlogger writes
और पढो »
Loose credit helps LBO funds slay sacred debt cowsLenders to private equity managers are increasingly giving up protections. Loan investors more used to demanding and receiving better terms than bonds are now accepting similar conditions – and, in some cases, even worse ones. That could lead to a nasty shock.
और पढो »
I have 26 credit cards, but there are just 4 I'd tell anyone to openWhen people ask which credit card to open next, she has four go-to picks — because while she has 26 cards, you can get a lot of value from fewer.
और पढो »
Starting today, JetBlue frequent flyers can transfer miles from their Capital One credit cardCapital One miles can be transferred to JetBlue starting May 1. Plus, JetBlue flyers can get a 50% bonus on mileage transfers for the month of May.
और पढो »
U.S. EPA asked to consider small business impact of E15, credit reform proposalThe U.S. EPA needs to look more closely at how small businesses would be affecte...
और पढो »
Indebted Chinese seek wisdom of credit card 'goddesses' as retail lending surgesIn a ballroom at the Vienna International Hotel in Shanghai, Mei Liangming was g...
और पढो »
China developers push land prices up as credit, purchase rules easeThe premiums developers in China pay for land rebounded sharply in the first qua...
और पढो »