04/07/2018 • Bloomberg

Credit Suisse Pick That Went Sour Ends Up in Banker Appeal

Five months after Patrice Lescaudron was convicted in one of Switzerland’s biggest white-collar crime cases, an appeals court has put the spotlight back onto the former Credit Suisse Group AG banker.

Geneva Prosecutor Yves Bertossa must go back and investigate whether Lescaudron should have been charged for mismanaging two of his clients’ investments, the court ruled in the June 26 decision. Bertossa had dismissed the allegations from his indictment of Lescaudron a year ago.

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