Barclays and Credit Suisse will pay a combined $154.3 million over charges on dark pool unlawful practices. Reports confirmed the settlement per statements from the U.S. Securities and Exchange Commission and the New York state.
Credit Suisse said on Friday it would put aside more funds for a U.S. probe and other litigation about whether the Swiss bank deceived investors in risky mortgage-backed securities it had issued in the run-up to the financial crisis.
The Swiss government said on Wednesday it would lay out tougher capital requirements for UBS (UBSG.VX) and Credit Suisse (CSGN.VX) by the year-end, in order to protect them against future crises.
New York's financial regulator has sent subpoenas to Goldman Sachs, Credit Suisse, BNP Paribas and Societe Generale, expanding its probe into the possible rigging of foreign exchange rates through computer programs, people familiar with the matter said.
