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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 financier Greensill have angered regulators and triggered a rare discussion among lawmakers about fining bankers. The debate, the biggest public discussion about banking reform since the financial crash, centres on ending the current laissez-faire regime, where fines on bankers are not possible, to copy Britain s stricter rule book. ....
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