Credit Suisse faces possible disciplinary proceedings: Switzerland's banking regulator

"CS had a cultural problem that translated into a lack of accountability," Finma President Marlene Amstad told the Sunday newspaper. "Often it was not clear who was responsible for what. This favored a negligent handling of risks." Whether to start fresh proceedings remains an "open question," she said, adding, "we're not a law enforcement agency, but we're exploring options."

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