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’
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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.