Credit Suisse
Credit Suisse’s Risk Department Every Bit As Weak, Bullied As Credit Suisse’s Actions Suggest
Despite earlier reassurances to the contrary, where there’s this much smoke, there is a raging risk and compliance fire.
Credit Suisse Shareholders Open Door To Lawsuits, Simultaneously Begin Filing Them
A modicum of competence and attention to fiduciary duties may be necessary to get that legal liability discharge.
Prosecutors Pretty Sure You Can’t Lose Your Banks $10 Billion Legally
Which is bad news for Bill Hwang and the Archegos crew.
Credit Suisse Investor Would Like To Know A Bit More About That $5.5 Billion Loss, Suspects Bank May Not Be Especially Well-Run
In fact, Norges Bank Investment Management would like a pretty thorough check before it forgoes its right to sue everyone.
Five Profit Warnings In A Year-And-A-Half Is Totally Normal, Right?
It is if you’re Credit Suisse.
Guy Nominally Overseeing Credit Suisse’s Archegos Disaster Also Allegedly Not Great At Managing Women
Brian Chin apparently saw no issue with keeping the ladies in the Birdcage.
You’ll Never Guess Which Big Global Bank Is Already Under Investigation For Breaking Russia Sanctions
Yup, it’s the one that really got “into the Russian psyche.”
You Know, Now That You Mention It, Maybe Credit Suisse’s Board Could Use A Fresh Coat Of Paint
And that’s what it’s getting, to temporarily cover over all of the rot beneath.
![By World Economic Forum (Flickr: The Global Financial Context: James Dimon) [CC BY-SA 2.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MzI1MjE5Mjc2Mjc3/jamie.jpg)
If Goldman Sachs Won’t Do Business In Russia, Jamie Dimon Guesses He Can’t, Either
Deutsche Bank, though? Still very much in Moscow.
Banks Seem Willing To Accept No Money In Exchange For Pretending Archegos Doesn’t Exist, Never Happened
Allianz also accepts that discretion is the better part of valor.
Credit Suisse’s Fondness For Spies Extended To Its Client List
Any Middle Eastern intelligence chief worth his salt had at least one account in Zürich.
It Has Stopped Being A Good Thing To Be Friends With Morgan Stanley’s Block Trading Head
Calls from Pawan Passi have been succeeded by calls from federal prosecutors and Gary Gensler.
Layoffs Watch: Credit Suisse Prime Brokers
Turns out you don’t need them if you’re not offering prime brokerage services anymore.
Jamie Dimon Is A Pretty Permissive Babysitter, It Turns Out
He really let the kids run wild on their devices without even a glance.
The Idea Of Broken Compliance Culture Has Failed To Penetrate The Corporate Defense Bar
Surely the Justice Department can’t be serious about holding companies to account for all of the hundreds of illegal things they’ve done?
Credit Suisse To Stop Doing Thing It Wasn’t Making Any Money On Anyway
But which was putting it a huge legal, regulatory and financial risk for nothing.
Credit Suisse Spied On Lots Of Employees, Just Not The Ones Doing All The Bribing, Money Laundering, Etc.
And there sure were lots of bribes flowing in Mozambique.
Goldman, Morgan Stanley Didn’t Just (Allegedly) Screw Credit Suisse Over On Archegos Sales
At least one company did not enjoy having its shares dumped, it says in lawsuit form.
Credit Suisse’s New CCO, Swiss Police May Have Crossed Paths On His First Day
A knock at the door from the fuzz is not how anyone wants to ring in a new job.
Zürich Man Gets Worst Job In World
Congratulations would usually be in order for a promotion, but Rafael Lopez Lorenzo seems more in need of commiserations.
Landlord Not Going To Let A Little Hedge Fund Meltdown Cost It $160,000
And the people who it cost $5.5 billion are gonna try to not repeat the experience.