What specific issues were flagged regarding Gupta's dealings in 2016?
Credit Suisse Ignored Internal Concerns About Gupta
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The transcript discusses the involvement of Greensill Capital with Credit Suisse, highlighting how the bank's executives ignored internal warnings about steel tycoon Sean G Gupta. Despite concerns and blacklisting by the commodities unit, the asset management unit continued to package funds linked to Gupta's debt, putting client funds at risk. Bloomberg's investigation reveals the internal conflicts and decisions that led to this situation.
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How did the commodities unit at Credit Suisse respond to the risks associated with Gupta?
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