Swiss police raid Credit Suisse offices over Greensill funds

clock • 1 min read
Swiss police raid Credit Suisse offices over Greensill funds

Swiss police have raided Credit Suisse offices and seized documents relating to the failure of the bank's $10bn range of supply chain finance funds that were linked to Softbank-backed Greensill. Police carried out the raids last week after the Zurich public prosecutor's office launched criminal proceedings into Greensill. The prosecutor's actions followed a criminal complaint from the Swiss government's economic affairs secretariat (SECO). Its probe, which the Swiss newspaper NZZ am Son...

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