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iqbal khan's role in greensill funds collapse raises questions about accountability
Iqbal Khan, former head of Credit Suisse's International Wealth Management, left the bank just before its significant issues arose, including the collapse of the Greensill funds, which led to a $10 billion freeze in client assets. Despite his senior role, Khan was not implicated in any wrongdoing by Finma, as investigations revealed systemic failures in the bank's management of the funds, with many former executives facing scrutiny. The Greensill debacle, alongside the Archegos bankruptcy, marked a critical decline for Credit Suisse, impacting its reputation and leadership.
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