Swiss police raid Credit Suisse offices over Greensill funds

Mark Battersby
clock • 1 min read

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 Sonntag first reported, centres around the way that Credit Suisse managed and marketed its funds that f...

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Mark Battersby
Author spotlight

Mark Battersby

Editor at International Investment