Credit Suisse found guilty in cocaine cash-laundering case

• Credit Suisse and a former employee have been found guilty by Switzerland’s Federal Criminal Court of failing to prevent money-laundering.
• The criminal trial is the country’s first of one of its major banks.
• Credit Suisse faces a fine of 2 million Swiss francs ($2.1 million).

www.cnbc.com/2022/06/27/credit-suisse-found-guilty-in-money-laundering-case.html