In the years before the collapse of Credit Suisse, not knowing what was going on became the hallmark of the bank’s management ...
A panic among depositors of smaller US lenders had spread to customers of Credit Suisse. As the crisis deepened, I asked executives at the Swiss lender for a quiet reality check. They said Credit ...
MELTDOWN: Greed, Scandal, and the Collapse of Credit Suisse, by Duncan Mavin A decade ago, the venerable and now defunct bank Credit Suisse brought in a new chief executive, Tidjane Thiam ...
“Even Khan was shocked” by his fast ascension, writes Duncan Mavin in his new book, “Meltdown: Greed, Scandal, and the Collapse of Credit Suisse” (Pegasus Books), out now. But his success would be ...
Weaknesses in the capital regime for the Swiss banking sector still need to be addressed after the 2023 collapse of Credit ...
A Brazilian-American businessman became the second former Credit Suisse Group AG client to plead guilty within the last week ...
Mavin writes that the collapse of Credit Suisse “had been decades in the making. The whole of the bank’s troubled history was a prelude to this humbling, humiliating meltdown.” It was a ...
Nearly 15 years later, however, Credit Suisse would find itself on the brink, its reputation sunk so low that it could be brought down by a single tweet. In “Meltdown,” Duncan Mavin ...