Swiss bank’s shares fall as annual report reveals another blow to its bid to recover from string of scandals
It said its management team was working on a plan to address the weaknesses by “strengthening the risk and control frameworks”.and scrapped annual bonuses for its top executives after clients pulled billions from the bank after the scandals.
relating to what Credit Suisse described as the “technical assessment” of revisions to cashflow statements going back to 2019. The bank said those discussions had now been concluded.
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