UBS and Credit Suisse bracing themselves to face angry investors...

Swiss banking giants UBS and Credit Suisse are bracing themselves for a series of possible lawsuits from angry investors who lost money in the financial crisis.

Hundreds of small investors have grouped together to take on Credit Suisse, claiming the products they purchased were misrepresented.

UBS is facing action from institutional clients over its role in the Madoff scandal. More...

See also:

1. UBS, under American pressure, is closing secret accounts...
2. The U.S. and the dark side of the UBS...
3. UBS yet another Madoff victim?
4. Credit Suisse loses Sfr.3bn, to cut 5300 jobs...