It’s a familiar story: A major financial institution alleged to have engaged in business dealings with some of the most notorious criminals in the world incentivized by a take-risks-at-all-cost work culture in the name of maximizing profits.
The latest example came Sunday, when the Organized Crime and Corruption Reporting Project (OCCRP), in partnership with German newspaper Süddeutsche Zeitung (the same media outlet to obtain the “Panama Papers” in 2016), published “Suisse Secrets.” A consortium of more than 160 journalists from 48 outlets spent months parsing through the leaked records of more than 18,000 Credit Suisse accounts, “the largest leak ever from a major Swiss bank.”
