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
Financial Services Roundtable Financial Services Roundtable The Financial Services Roundtable (FSR) is an American financial services lobbying and advocacy organization, located in Washington, D.C.. In July 2018, FSR merged with the Clearing House Association to create a newly formed organization called the Bank Policy Institute. FSR was formerly called the Bankers Roundtable, but was renamed in 2000 to reflect the widening membership of the organization beyond bank holding companies. FSR "represents 100 of the largest integrated financial services companies which provide banking, insurance and investment products and services to American consumers." The members of FSR are the CEOs of the 100 largest financial