Credit Suisse Fires Fraudulent Banker

2020-08-28 2

Credit Suisse has fired a fraudulent banker.
The bank found the banker drove a loss of roughly $11 million after forging documentation for an African wealth-management client.
The bank has since dismissed the Zurich-based banker.
Sources tell Bloomberg that Credit Suisse reimbursed affected clients.
The bank told Business Insider they "took appropriate legal measures and informed the affected clients and relevant regulators."

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