Credit Suisse becomes first Swiss bank to be convicted in Switzerland’s own courts

Credit Suisse becomes first Swiss bank to be convicted in Switzerland’s own courts

City A.M.

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Credit Suisse has become the first of Switzerland’s domestic banks to be convicted of a corporate crime in any of the country’s own courts, after a judge today found the Zurich financier guilty of failing to prevent laundering of Bulgarian drug money. A court in the southern Swiss city of Bellinzona fined the bank 2m [...]

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