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Credit Suisse To Pay Nearly $475 Million To U S And U K Authorities To Resolve Charges In Connection With Mozambican Bond Offerings - VTB Capital Also Agrees To Settlement With SEC For Role In Misleading Investors

Credit Suisse Group AG has agreed to pay nearly $475 million to U.S. and U.K authorities, including nearly $100 million to the Securities and Exchange Commission, for fraudulently misleading investors and violating the Foreign Corrupt Practices Act (FCPA) in a scheme involving two bond offerings and a syndicated loan that raised funds on behalf of state-owned entities in Mozambique.

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