Skip to content

Credit Suisse, a Coke-Smuggling Wrestler and Stashes of Cash

  • Historic trial targets alleged failure to screen illicit funds
  • Bank denies charges, which it has noted with ‘astonishment’

A cocaine-smuggling Bulgarian wrestler and briefcases stuffed with banknotes are hampering scandal-weary Credit Suisse Group AG’s bid to return to boring banking.

The Zurich bank, which has suffered a slew of bad headlines over the past two years, and a former client relationship manager go on trial Monday accused of failing to prevent money laundering by customers working with the fighter-turned-criminal.