Today news
About the same in other media
08.04 - 09:33
Credit Suisse ruled liable in fraud case in Bermuda
Reading now: 617
fnlondon.comA Bermuda court said Credit Suisse must pay billionaire Bidzina Ivanishvili about $555m for allowing a private banker to steal from the former Georgia prime minister and mismanage his money.
Ivanishvili sued the bank for breach of contract and fiduciary duty after his private banker, Patrice Lescaudron, admitted to cutting and pasting signatures to make unauthorised stock bets. Credit Suisse had said it too was a victim of Lescaudron and shouldn’t be held liable for his actions.
In...
Read more on fnlondon.comAbout this in other media
Credit Suisse found former investment bank chief violated code of conduct fnlondon.com /2 years ago
Credit Suisse says it has made changes to sidestep another Greensill-type disaster fnlondon.com /2 years ago
Credit Suisse ruled liable in fraud case in Bermuda fnlondon.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
