'The master of kickbacks': Credit Suisse hit with $475 million fine by global regulators

'The master of kickbacks': Credit Suisse hit with $475 million fine by global regulators

Finextra

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Credit Suisse has been hit with a £147 million penalty by the Financial Conduct Authority, as part of a $475 million global resolution agreement, for serious financial crime due diligence failings related to loans worth over $1.3 billion, which the bank arranged for the Republic of Mozambique.

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