Swiss Regulator Probes Ex-Credit Suisse CEO, Blick Says (2)

July 3, 2023, 5:10 AM UTC

Switzerland’s financial regulator is investigating Thomas Gottstein, the former CEO of Credit Suisse, for his role in the implosion of a $10 billion group of funds linked to disgraced financier Lex Greensill, according to a report published in SonntagsBlick.

The Swiss Financial Market Supervisory Authority — or Finma — triggered enforcement proceedings against four unnamed former Credit Suisse staffers after concluding in February that the lender “seriously breached” its risk-management obligations in the Greensill Capital supply-chain financing affair.

Gottstein is among the Credit Suisse officials under investigation, the Swiss newspaper said Sunday, citing people familiar ...

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