Tag: bankfraud

Credit Suisse drops 10% amid market speculations

Credit Suisse drops 10% amid market speculations

Investors are worried that the spike in credit default swaps may worsen the situation and cause a lot of problems.
The biggest bank fraud in China cost people billions

The biggest bank fraud in China cost people billions

Hundreds of people were arrested in connection with the biggest bank scandal in China, which included $5.8 billion of stolen funds.