Credit Suisse executives could be probed and disciplined over how they ran the bank in the run-up to its collapse and subsequent rescue by rival UBS, according to the president of Switzerland's financial regulator.
The Swiss banking giant was implicated in several high-profile scandals over that period. It took massive losses from the collapse of its clients Archegos Capital Management and Greensill Capital in 2021, and it was"CS had a cultural problem that translated into a lack of accountability," Amstad said in the NZZ am Sonntag interview published Sunday."Often it was not clear who was responsible for what.
the Swiss ? ...one of the NWO/OWG/Davos/BIS/UBS/ WB/IMF strongholds of COUNTERFEITING all the world's money ! WHY are you surprised, especially now as CCP bribes the whole world into their clutches starting with Biden ?
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