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the downfall of credit suisse a tale of trust and scandal
Credit Suisse"s reputation as a bastion of trust eroded over decades due to scandals, including its handling of Holocaust-era assets and involvement in financial crises. Despite attempts to recover, the bank"s persistent mismanagement culminated in its sale to UBS in March 2022, marking a dramatic fall from grace. The collapse serves as a stark reminder that without trust, a bank cannot survive.
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