Gareth Vaughan on Credit Suisse & the trinity, banks as government contractors, an unwanted trifecta, choosing class war over financial stability, and personal bank accounts at the central bank
António Horta-Osório is expelling ghosts at Credit Suisse. The Swiss bank’s new chair has settled a Mozambican scandal for $475 million, while a spying saga that toppled previous Chief Executive Tidjane Thiam’s job has also been laid to rest. But the demons of collapsed.
Credit Suisse had
serious organisational shortcomings surrounding the spying
activities which ultimately triggered the departure of Chief
Executive Tidjane Thiam, Swiss financial market regulator. | October 19, 2021
Credit Suisse settles spying case with former star banker reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.