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Geo-Politics and Banking: Caught in the Middle bbntimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbntimes.com Daily Mail and Mail on Sunday newspapers.
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Friday, 28 May 2021 02:13 PM MYT Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers have been largely untouchable. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. FRANKFURT, May 28 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. ....
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 … ....