Credit Suisse could face disciplinary action, Swiss regulator says | Business

FINMA President Marlene Amstad told Swiss newspaper NZZ am Sonntag it was"still open" whether new proceedings would be started, but the regulator's main focus was on"the transitional phase of integration" and"preserving financial stability".

Credit Suisse on Sunday declined to comment on the FINMA President's comments when asked by Reuters for a response. CS had a cultural problem that translated into a lack of responsibilities...Numerous mistakes were made over several years

_Business Disciplinary action? Should be in jail. Make money with other peoples' money with ZERO oversight, without risk or repercussions.

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Personal Finance | Does it make sense to use my bond to pay for my car? | City PressAny loan provider that asks you for payment upfront is a scam. A quick check on the National Credit Regulator (NCR) website showed that no company by the name of Loan Logics Limited is registered with the agency.
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