Operating a my world And the Inefficient globally Perhaps the internal secret police and the espionage operation mean some Damage to reputation, New CEO And the Perhaps a regulatory slap on the wrist For Credit Suisse. But the “Temporary arrests“Aside from some of its Keystone Kops, there has never been any suggestion of something criminal Non-hidden observation Likely Disloyal Employees and partners. Money laundering for the Bulgarian gang? This is A completely different story, even in Switzerland.
The Swiss Prosecutor’s Office said … Flaws in lender controls allowed a Bulgarian criminal organization to launder money through the bank during those years with the help of a bank executive. The organization is alleged to have recruited a Bulgarian wrestler and others in his or her business for drug transport and money laundering operations. / The former Credit Suisse CEO, who was not named, was charged with money laundering for aiding the Bulgarian regulation and hiding the criminal origin. Assets in Transactions at Credit Suisse…. Credit Suisse said he was surprised by the accusation and refuting the allegations, including “presumed regulatory deficiencies”. She said she is convinced that the former employee who left the bank in 2007 is innocent.