{
Anne Seeger

People

}
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001122334455554433221100

auditors under scrutiny as credit suisse faces major financial scandals

Michel Huissoud critiques the auditors at Credit Suisse, highlighting the stark contrast between the high fees earned by auditors and the low pay of mountain guides who bear significant risks. Despite serious issues like tax fraud and major financial losses, auditors certified the bank's internal control systems as effective until a scandal revealed their failures. Questions arise about whether the auditors were incompetent or complicit in the bank's troubles, as regulatory oversight proved inadequate.
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Swiss Franc Credit Suisse High Yield Bond Fund, Inc. CHE Andrea Klaiber Anne Seeger Mark Branson Show more
Finance & Economy, Blog Post
15:00 24.01.2025
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