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C Suisse CEO says 'small group' hid 'bad conduct'

Brady Dougan Interview Pic

Credit Suisse’s CEO is hitting back at a Senate panel’s claim that the banking giant helped thousands of U.S. customers dodge taxes, saying a 'small group' of the firm’s employees hid their 'bad conduct' from executives and that the panel’s report incorrectly assumed every American client’s account was hidden.

C Suisse CEO and the payout 'mistake'

Brady Dougan Interview Pic

Credit Suisse made a 'mistake by paying Chief Executive Brady Dougan around $100m in 2010 under two different payout plans, the board member who oversaw the payment said in a television interview on Monday.

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C Suisse CEO says 'small group' hid 'bad conduct'

Credit Suisse’s CEO is hitting back at a Senate panel’s claim that the banking giant helped thousands of U.S. customers dodge taxes, saying a 'small group' of the firm’s employees hid their 'bad conduct' from executives and that the panel’s report incorrectly assumed every American client’s account was hidden.

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