Credit Suisse To Pay $536 Million In Charges To Federal Government.

The second largest Swiss bank was fined $536 Million by the federal Government for doing business with Iran. The Credit Suisse fully except responsibility for it’s conduct and agree to pay the fine to avoid further legal actions. A number of other banks have also been fined by the US, earlier in the year for numerous other activities .

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Posted by J.Scott on Dec 15th, 2009 and filed under News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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