Damning review blames Credit Suisse’s slump on poor risk management

Damning review blames Credit Suisse's slump on poor risk management

Damning review blames Credit Suisse’s slump on poor risk management — — -Brussels (Brussels Morning) An external review of Credit Suisse’s risk management practices has resulted in a damning report that blames corporate management for its “lackadaisical” attitude towards risk and at the same time having a “lack of accountability”.

Switzerland’s second-largest bank, considered to be one of the nine global “bulge bracket” banks, took a severe 5.5-billion