Credit Suisse Had Corrupt Clients, Reports Say

Credit Suisse Had Corrupt Clients, Reports Say

Assessment

Interactive Video

Business, Social Studies

University

Hard

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A report alleges that Credit Suisse managed accounts for clients involved in human rights abuses, corruption, and drug trafficking. The bank denies these claims, stating that most questionable accounts have been closed. A whistleblower provided data dating back to the 1940s, with the latest from 2015. The bank is criticized for inadequate client checks and a culture of avoiding difficult questions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Credit Suisse claim about the accounts mentioned in the investigation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What cultural issues have been highlighted in relation to Credit Suisse's operations?

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