Credit Suisse sacks staff after review into Greensill funds collapse

ZURICH, Dec 22 (Reuters) – Credit Suisse (CSGN.S) has sacked staff and imposed financial penalties on a number of individuals following a review into the collapse of its Greensill-linked supply chain finance funds, the bank said on Wednesday.Switzerland’s second-largest bank earlier this year initiated the investigation after the collapse of $10 billion supply chain finance funds that bought notes issued by Greensill, the British finance company which filed for insolvency in March. read more Credit Suisse said it had shared its preliminary findings on the Greensill matter with regulators.Register now for FREE unlimited access to Reuters.comRegister”Based on …
Read more…….