- 2009: Fined $536 million for bypassing US sanctions
- 2014: Fined $2.6 billion for evading US taxes
- 2021: Lost $5.5 billion due to risky exposure to Archegos fund failure
- 2021: Froze $10 billon in funds due to Greensill collapse
- 2022: Pleads guilty to defrauding investors over $850 million loan, fined $475 million
- 2023: Delays annual report to address accounting concerns from the SEC
- 2023: Saudi National Bank said they won't provide further financial support
- 2023: US Treasury and ECB announce they are monitoring CS situation
Now, Credit Suisse is asking the Swiss Central Bank for support.
Their Credit Default Swap premiums are trading above 2008 levels.
At this point, we have dug our own grave.