Losses and lawsuits


A regular review of the losses and problems caused for financial firms falling foul of fraud, management failure, human error and other operational hazards, as recorded in the IC2 First Loss Database

CSFB settles with SEC

Credit Suisse First Boston (CSFB) appeared to reap the first tangible benefits of its recent management shake-up in December, when it reached a tentative settlement with the Securities and Exchange Commission, the US financial markets regulator, over its conduct in high-techn