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Credit Suisse: a bank for dictators, drug lords and criminals

A leak of data from Credit Suisse has shown how it provided services to known criminals and fraudsters for decades. It’s the latest huge scandal to hit the Swiss bank, say investigative reporters Kalyeena Makortoff and David PeggA leak from the Swiss bank Credit Suisse has shown it provided services to clients involved in torture, drug trafficking, money laundering, corruption and other serious crimes.Guardian reporters Kalyeena Makortoff and David Pegg tell Michael Safi that the leak points to widespread failures of due diligence by Credit Suisse, despite repeated promises over decades to weed out dubious clients and illicit funds. Continue reading...

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#Credit_Suisse #Banking #Business #Switzerland