Financial Services Financial Services

Credit Suisse to pay $475 million in 'tuna bond' corruption settlement

By Richard Vanderford
  • 19 Oct 2021 16:16
  • 19 Oct 2021 17:03
Credit Suisse has entered into an approximately $475 million settlement with enforcers that resolves US and UK investigations into the bank's involvement in a scheme to bribe officials in Mozambique in connection with so-called "tuna bonds."
Credit Suisse appeared in New York federal court today to admit wrongdoing and enter

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