Credit Suisse bank accused of handling dirty money for decades in ‘Swissleaks’ probe
Credit Suisse bank, still reeling from losing billions of dollars last year, faced a fresh challenge Sunday amid allegations from an international investigation that it had handled dirty money for decades.
A cross-border media investigation claims Switzerland's second-largest bank had held tens of billions of dollars of ill-gotten funds, based on a massive data leak by an insider.
Credit Suisse rejected the "allegations and insinuations" in a statement the same day, saying that many of the issues raised were historical — some dating back as far as the 1940s.
The investigation, coordinated by the Organized Crime and Corruption Reporting Project (OCCRP), unites 47 different media outlets worldwide including France's Le Monde and The Guardian in the U.K.
This latest project, dubbed "Swiss...