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credit suisse faces scrutiny over governance failures in greensill fund scandal

Credit Suisse faced severe criticism following an expert report detailing governance failures in the launch of its Greensill supply chain funds. The report highlighted inadequate risk management, conflicts of interest, and a lack of oversight from the Board of Directors, leading to significant breaches of conduct obligations. FINMA has mandated a restructuring of the Board to ensure members possess relevant expertise and experience.
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United States Dollar Credit Suisse High Yield Bond Fund, Inc. CHE Bruno Pfister Beat Schmid Kubra Khan Matthias Hirschle Ruedi Noser Show more
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10:19 30.12.2024
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