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Credit Suisse Fires Fraudulent Banker

Video Credit: Wochit News
Published on August 28, 2020 - Duration: 00:27s

Credit Suisse Fires Fraudulent Banker

Credit Suisse has fired a fraudulent banker.

The bank found the banker drove a loss of roughly $11 million after forging documentation for an African wealth-management client.

The bank has since dismissed the Zurich-based banker.

Sources tell Bloomberg that Credit Suisse reimbursed affected clients.

The bank told Business Insider they "took appropriate legal measures and informed the affected clients and relevant regulators."

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