Credit Suisse bank engages in misconduct this brazen, it should expect that the Justice Department will pursue criminal prosecution to the fullest extent possible, as has happened here," Attorney General Eric H. Holder said at the time. Holder also said "This case shows that no financial institution, no matter its size or global reach, is above the law." Credit Suisse shares rose 1% on the day the $2.6 billion penalty was announced. On 10 March 2015, it was announced that Tidjane Thiam, the CEO of Prudential would leave to become the next CEO of Credit Suisse. In September 2016, Brian Chin was
Oracle Financial Services Software part-funded the transaction through a preferential share allotment to majority shareholder Oracle Corporation. On 12 January 2007, after an open offer price to minority shareholders, Oracle increased its stake in i-flex to around 83%. On 4 April 2008, Oracle changed the name of the company to Oracle Financial Services Limited. On 24 October 2010, Oracle announced the appointment of Chaitanya M Kamat as Managing Director and CEO of Oracle Financial Services Software Limited. . The outgoing CEO and MD, N.R.K.Raman retired from these posts after 25 years of service. Now Oracle Financial Services Software Limited is a major part of