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Credit Suisse found guilty in cocaine cash laundering case

Credit Suisse found guilty in cocaine cash laundering case

Credit Suisse first major Swiss bank to face criminal trial Former banker found guilty of qualifying money laundering Bank plans to appeal BELLINZONA, Switzerland, June 27 (Reuters) – Credit Suisse (CSGN.S) was convicted on Monday by the Swiss Federal Criminal Court for failing to prevent money laundering by a Bulgarian gang of cocaine traffickers in …

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Russia pitches into first major external bond default in century

Russia pitches into first major external bond default in century

The Spasskaya Tower clock showing the time at noon is pictured next to Moscow’s Kremlin and Saint Basil’s Cathedral, March 31, 2020. REUTERS/Maxim Shemetov Sign up now for FREE unlimited access to Reuters.com Record Grace period runs out on $100 million interest payment due May 27 US Official Says Russia’s Noncompliance Shows Dramatic Impact Of …

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Disney, other U.S. companies offer abortion travel benefit after Roe decision

Disney, other U.S. companies offer abortion travel benefit after Roe decision

NEW YORK, June 24 (Reuters) – U.S. companies including Walt Disney Co (DIS.N) and Facebook parent Meta Platforms Inc (META.O) said on Friday they will cover female employees’ expenses if they have to travel for receive abortion services after the The United States Supreme Court overturned Roe v Wade. The US Supreme Court on Friday …

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Breakingviews: Germany’s gas action plan pulls its punches

Breakingviews: Germany’s gas action plan pulls its punches

Pressure gauges are seen at the Zsana storage site in Zsana, Hungary, May 20, 2022. REUTERS/Bernadett Szabo Sign up now for FREE unlimited access to Reuters.com Record LONDON, June 24 (Reuters Breakingviews) – Germany is facing a sudden acceleration of its gas crisis. A 60% drop in Russian supplies since the beginning of June threatens …

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U.S. tech companies yank job offers, leaving college grads scrambling

U.S. tech companies yank job offers, leaving college grads scrambling

June 22 (Reuters) – One by one, during the last week of May, Twitter Inc (TWTR.N) called some members of its incoming class of new hires who had recently graduated from college and revoked job offers in 15 minutes. calls, according to some of the recipients. “It was traumatic,” Iris Guo, an inbound associate product …

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