Credit Suisse Implosion
Channel: Radix Verum
Date: 2022-07-26

Credit Suisse has been rocked by major scandals in recent years, including Spygate, Archegos, Swiss Leaks, Greensill & more. They have lost many of their top talent, gone through a slew of CEOs, and now they are having to lay off employees as they face several quarters of unprofitability. Just today it was announced their CEO Thomas Gottstein is stepping down according to the Wall Street Journal. 

Sources:
https://www.theguardian.com/news/2022/feb/20/suisse-secrets-leak-financial-crime-public-interest
https://www.efinancialcareers.com/news/2022/07/credit-suisse-layoffs
https://www.cnbc.com/2022/07/26/credit-suisse-ceo-to-step-down-from-embattled-investment-bank-wsj-says-.html
https://www.efinancialcareers.com/news/2022/07/leaving-credit-suisse
https://youtu.be/PyuUc74Qdzs

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