Credit Suisse Basically Headquartered In Court These Days
JON SHAZAR, 30 April 2021
Thomas Gottstein has been CEO of Credit Suisse for 63 weeks. There is no doubt that the overwhelming majority of them, and indeed all of the last eight or so, have been waking nightmares. Surely, however, there have been some consecutive five-day calendrical periods that he has enjoyed the job he has presumably been pining and preparing for most if not all of his professional career, some Fridays when he walked out of his office with a genuine spring in his step and ability to enjoy the weekend as much as any Swiss can enjoy such a frivolity.
This was not that week.
Bank of America Corp. Credit Suisse Group AG and Credit Agricole SA were fined about 28.5 million euros ($34 million) by European Union regulators for colluding in chatrooms on trading of U.S. supra-sovereign, sovereign and agency bonds. Continue reading “Article: Credit Suisse Basically Headquartered In Court These Days”
