Credit Suisse failed in its duties as an asset manager and violated Swiss supervisory law in its operation of $10 billion in investment funds with Greensill Capital
Credit Suisse Group AG failed in its duties as an asset manager and violated Swiss supervisory law in its operation of $10 billion in investment funds withSwitzerland’s financial regulator,
Finma, outlined a range of measures the bank must take to improve governance and comply with Swiss rules. It said it opened enforcement proceedings against four former Credit Suisse managers.
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