Europe: Credit Suisse facing $45.5m money laundering claim

Swiss officials are seeking a figure in the region of $45m from Credit Suisse in compensation for a money laundering case. The bank is defending itself and fervently rejects any accusation of wrongdoing against its employees.

The bank issues a profit warning last week and it’s reputation has suffered in recent years due to being involved in a string of scandals including the departure of it’s Chairman

Read more on reuters.com

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