CREDIT SUISSE ON THE DEFENSIVE AFTER DIRTY MONEY DATA LEAK
Credit Suisse was plunged into a dirty money scandal on Monday after media outlets reported the Swiss bank had managed accounts for human rights abusers, fraudsters and businessmen who had been placed under sanctions. One person leaked information on the accounts, which were held in decades ranging from the 1940s to 2010s, to Germany’s Sueddeutsche Zeitung. The German daily then shared it with the Organized Crime and Corruption Reporting Project and 46 other news organizations including the New York Times, Britain’s Guardian and France’s Le Monde.
