Zero Hedge
By Tyler Durden – Marche 4, 2022
It shouldn’t come as a surprise to anybody who has been following the Swiss criminal trial of a Bulgarian wrestler-turned-cocaine trafficker, but Credit Suisse has officially replaced Deutsche Bank as Europe’s most unrepentant recidivist bank.
And although this isn’t technically illegal (at least not in any obvious way), CS has found itself on the receiving end of more embarrassing headlines claiming that the Swiss bank has asked hedge funds and other clients to destroy documents pertaining to the yachts and jets of some of its wealthiest clients. According to the FT, the bank made the request because it was concerned about information about its private banking unit – which has made loans to oligarchs under US sanctions – leaking out.
Super Sleuth
