Credit Suisse Fires Fraudulent Banker
- 4 years ago
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."
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."