Financial Crime Financial Crime

Comment: Credit Suisse’s hefty ‘tuna bonds’ bill warns banks of regulators’ long reach

By Martin Coyle and Richard Vanderford
  • 20 Oct 2021 08:55
  • 20 Oct 2021 08:55
Credit Suisse’s thumping hit for serious financial-crime failings warns banks of the risks in doing business in parts of the world dogged by corruption. The penalty also illustrates the long reach that US prosecutors have, even without using the country’s foreign bribery laws.

The Swiss lender was told yesterday to pay a total

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