Credit Suisse in the sights of former Argentinian footballers

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A group of former Argentine professional footballers is preparing to claim $ 25 million in damages from Credit Suisse. In the early 2010s, these athletes and some of their relatives had entrusted their savings to a former manager of Credit Suisse, who had become independent and operated from Uruguay. The funds, which were deposited in Geneva, suffered losses of around 80% as a result of investments deemed hazardous. These customers believe that the bank should have noticed that the management carried out did not correspond to their profiles. And that she should not have let the manager invest because he did not have a license to do so.

Read also: Shareholders raise their voice against Credit Suisse

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