Credit Suisse probed over share sale

Big bank Credit Suisse has come under investigation by the Swiss stock exchange regulator for possibly breaking transaction rules.

This content was published on October 13, 2011 - 11:37

SIX Exchange Regulation announced a probe had begun on Thursday for alleged breach of rules governing the disclosure of management transactions.

It concerns the late publication of a management transaction regarding 1,400 registered shares in Credit Suisse Group.

A preliminary investigation has already been carried out and proceedings will continue for an indefinite period, the regulator said.

No further information will be given out until the investigation is over. Results will be announced by SIX Exchange Regulation.

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