Credit Suisse Ignored Signs Banker Was Bilking Billionaire Client, Judge Says

Bermuda court orders the bank to pay $555 million in damages to former Georgia Prime Minister Bidzina Ivanishvili.

A Bermuda court said Credit Suisse Group AG must pay billionaire Bidzina Ivanishvili about $555 million for allowing a private banker to steal from the former Georgia prime minister and mismanage his money.