top of page

Swiss federal prosecutor files charges against Credit Suisse, UBS

ZURICH - Switzerland's federal prosecutor on Monday said it has filed an indictment against a former Credit Suisse employee, accusing the person of money laundering in relation to loans granted in Mozambique.

December 1, 2025

John Revill/Reuters

Swiss federal prosecutor files charges against Credit Suisse, UBS

​

Reuters

ZURICH - Switzerland's federal prosecutor on Monday said it has filed an indictment against a former Credit Suisse employee, accusing the person of money laundering in relation to loans granted in Mozambique.


The Office of the Attorney General also alleges that CS and its parent company, the Credit Suisse Group SA and their successor companies UBS SA and the UBS Group SA UBSG.S failed to prevent the offence as a result of organizational deficiencies.


John Revill/Reuters

TOP BUSINESS STORIES

DENR: PH mulling move from raw mineral exports to local processing

DENR: PH mulling move from raw mineral exports to local processing

PH cites reforms in higher education to support EU-ASEAN blue economy

PH cites reforms in higher education to support EU-ASEAN blue economy

FOREX: Yen weakens as risk appetite rises ahead of key central bank decisions

FOREX: Yen weakens as risk appetite rises ahead of key central bank decisions

LATEST NEWS

Singapore, Indonesia consider joint haze task force, reaffirm ties amid tensions

Singapore, Indonesia consider joint haze task force, reaffirm ties amid tensions

PH, Malaysia strengthen cooperation to expand higher education opportunities

PH, Malaysia strengthen cooperation to expand higher education opportunities

Dozens of Somali militaries killed in battle with al Shabaab, soldiers say

Dozens of Somali militaries killed in battle with al Shabaab, soldiers say

bottom of page