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PRESS DIGEST- New York Times business news - Feb 8

Published 2016-02-08, 12:19 a/m
© Reuters.  PRESS DIGEST- New York Times business news - Feb 8
GM
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CSGN
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VOWG_p
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Feb 8 (Reuters) - The following are the top stories on The
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.

- European officials knew that Volkswagen VOWG_p.DE
diesels fell short of pollution limits years before the company
became engulfed in an emissions cheating scandal, records show.

Tidjane Thiam, chief executive of Credit Suisse CSGN.VX ,
has asked the company's board to reduce his bonus, days after
the Swiss bank reported a multi billion dollar loss in the
fourth quarter.

German banking regulator, known as Bafin, said on Sunday
that it ordered a halt to financial transactions by Maple Bank,
the German subsidiary of Maple Financial Group of Canada, that
played a prominent role in attempts by the Porsche family to
take over Volkswagen VOWG_p.DE several years ago.

The infighting among lawyers for the plaintiffs suing
General Motors (N:GM) GM.N over a flawed ignition switch intensified
after one who helped uncover the defect, Lance Cooper, sharpened
his attacks against another who is heading the case, Robert C
Hilliard.

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