CSuisse says probed by regulators on alternative trading venue
ZURICH, July 31
ZURICH, July 31 (Reuters) - Swiss bank Credit Suisse, one of the biggest players in "dark pools", on Thursday became the latest major European bank to say it was caught up in an investigation into alternative trading venues.
"Credit Suisse is responding to inquiries from various governmental and regulatory authorities concerning the operation of its alternative trading systems, and is cooperating with those requests," the Zurich-based lender said in its second-quarter report, published on Thursday.
Credit Suisse's Chief Executive Brady Dougan said last week there was a growing level of inquiry from regulators and the bank was working with them to stamp out potential abuses in the alternative trading venue. (Reporting by Joshua Franklin and Katharina Bart)
- First Ebola case diagnosed in the United States: CDC |
- U.S. experts hunt for Ebola exposure after first case |
- Turkey vows to fight Islamic State, coalition strikes near border
- Advanced iOS virus targeting Hong Kong protestors -security firm
- Hong Kong's embattled leader believes protests could last weeks-source |