Credit Suisse’s Busted Reputation Gets Tarred by Greensill, Possible Sale of AM Division
Posted on 03/18/2021
Following the massive Greensill Capital insolvency scandal, Credit Suisse Group moved to split its asset management division into a separate unit with a new CEO from rival UBS Group AG. Switzerland’s second-biggest bank warned shareholders of possible financial impacts and reputational damage and loss of clients and assets under management related to the Greensill situation. […]
