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Investments risky, fraud and money laundering investigations, bankruptcy risk management. This led to the collapse of the Swiss bank and the loss of confidence in the regulators, who seem to have closed their eyes too long to the signs of the crisis
by Alessandro Graziani
Risky and badly ended investments such as those in Archegos and Greensill, which generated overall losses of over 10 billion. Investigations in various parts of the world with allegations of money laundering and scams that have resulted in billionaire fines. And finally the loss of confidence from investors and ultimately from customers. This is how the inglorious end of Credit Suisse took place last weekend, saved by the Swiss rivals of Ubs with the systemic complacency of the Government, Bank…