U.K. and U.S. authorities assessed more than $547 million in penalties, fines, and disgorgement against Credit Suisse as part of the coordinated global resolution.
The DOJ took into account the other resolutions entered into by the global financial institution with other authorities and credited $175 million. The department imposed a criminal penalty of $247 million. It also agreed to pay over $200 million to the U.K. FCA.
The SEC ordered Credit Suisse to pay almost $100 million in penalties, interests, and disgorgement as part of the coordinated global resolution.
————————-
Have a story you want USA Herald to cover? Submit a tip here and if we think it’s newsworthy, we’ll follow up on it.
Want to contribute a story? We also accept article submissions — check out our writer’s guidelines here.