Swiss mirror: Credit Suisse is investigating the activities of the Moscow office
As it became known to Forbes, the Russian division of the Swiss bank Credit Suisse conducted an internal investigation against members of the group and external financiers with at least December 2016. The bank verifies the operations of two of the bank staff involved in treasury operations and a number of external financiers, including the activities of a broker, says Forbes source at the bank. The bank's customer claims that the investigation is related to the notorious "mirror transactions» (mirror trades), and believes that this history will seriously affect the bank's Moscow office.
According to one of the counterparties Credit Suisse, in the transaction may have been involved, "employees of subsidiaries of Gazprom," and the volume of transactions, which is checked by the bank to bankers, can make tens of millions of dollars a day. "For such deals could use the infrastructure and the NRM Clearstream", - says the counterparty Credit Suisse. The Credit Suisse declined to comment on the investigation in respect of employees.