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Singapore court s verdict was wrong; Credit Suisse unit did incompetent best for client: lawyer

Singapore court s verdict was wrong; Credit Suisse unit did incompetent best for client: lawyer
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Credit Suisse Unit Did Incompetent Best for Billionaire Client, Lawyer Says

A lawyer for a Credit Suisse trust seeking to overturn the $743 million in damages the bank owes to Georgian billionaire Bidzina Ivanishvili said the

Credit Suisse Unit Did Incompetent Best for Billionaire Client, Lawyer Says

(Bloomberg) — A lawyer for a Credit Suisse trust seeking to overturn the $743 million in damages the bank owes to Georgian billionaire Bidzina Ivanishvili said the staff responsible did their “incompetent best.” In a surprise concession to the challenge the Swiss bank faces in its appeal over its mishandling of rogue banker Patrice Lescaudron,…

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