Credit Suisse granted exemption for US pension business
Credit Suisse has won exemption from the US Department of Labor allowing the bank to continue advising retirement funds, despite pleading guilty on tax evasion charges in May 2014. This approval, however, is likely to ignite a backlash among critics who lobbied the labour department to not grant the exemption, saying such a move would reward bad behaviour. President of Better Markets, Dennis Kelleher, has said ﻿that the "department's waiver again raises the question of why the world's most dangerous too-big-to-fail banks are above the law and get special treatment". 

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