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Credit Suisse scandals prompt Switzerland to think unthinkable: punish bankers

ZURICH – Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers have been largely untouchable. Credit Suisse’s heavy losses from the collapse of family office Archegos and the decimation of billions of client investments backed by insolvent British financier Greensill have angered regulators and triggered a rare discussion among lawmakers about fining bankers. The debate, the biggest public discussion …

Credit Suisse scandals prompt Switzerland to punish bankers Published: 8:02 PM, May 28, 2021 Switzerland's national flag flies above the logo of Swiss bank Credit Suisse at its headquarters in Zurich. - Reuters File Photo SHARE FRANKFURT: Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers have been largely untouchable. Credit Suisse's heavy losses from the collapse of family office Archegos and the decimation of billions of client investments backed by insolvent British finan...

Punch Newspapers Sections Published 24 February 2021 In this report, EBENEZER BAJELA writes on the rising trend of some of the country’s teenage athletes indulgence in banned drugs in their quest for sporting glory Early this month, Cameroon and Ajax goalkeeper, Andre Onana, was banned from football for a year for a doping violation by European football governing body UEFA. The 24-year-old failed an out-of-competition drugs test in October when the banned substance furosemide was found in his urine sample. Ajax said Onana had mistakenly taken medication prescribed for his wife while feeling...