Credit Suisse Group AG

Shares of the Swiss lender fell as much as 5.6% on Tuesday. The stock is trading near a record low after a 20% drop this year.

The bank has paid in the sum “over time for the proceedings across all the plaintiff’s accounts,” a Credit Suisse spokesman said.

Already, the likes of UBS Group AG and JPMorgan Chase & Co. have seen the growth of new money in Asia take a hit.

Georgian billionaire Bidzina Ivanishvili, the biggest victim of a rogue trader at Credit Suisse Group AG, is suing one of the bank’s trusts in Singapore for at least US$300 million ($415 million)

SINGAPORE (May 23): Barclays Plc has been exploring a potential merger with rival banks including Standard Chartered Plc, as part of wide-ranging contingency plans being weighed by senior board members following pressure from an activist investor, the Fin

(Oct 20): Singapore’s Sea plans has priced its initial public offering of nearly 59 million American depositary shares at US$15 each to raise US$884 million ($1.2 billion), according to a press statement by the company on Friday evening.

KUALA LUMPUR (Nov 1): QSR Brands (M) Holdings Sdn, which operates KFC and Pizza Hut restaurants in Southeast Asia, picked banks to arrange a Malaysian initial public offering next year that could raise about US$500 million ($696 million), people with know

LONDON (Aug 31): Investment bankers at Europe’s biggest securities firms are watching their bonuses melt.