Systemic risk management lapses at a financial services firm, allegations of toxic culture at a video game giant, and more of the same baffling behavior from one of the world’s largest tech companies. Compliance Week’s annual list of ethics and compliance failures featured no shortage of standouts in 2021.
Credit Suisse
Significant compliance failures are not always the result of intentional misconduct. Sometimes, poor corporate governance and risk management deficiencies are at fault. Swiss banking firm Credit Suisse makes our list for those exact reasons, following the collapse of two of its high-risk clients.
