Now the federal prosecutor’s office is investigating Credit Suisse

“The federal prosecutor’s office has taken note of the media coverage of the events surrounding CS over the past few days and has made an assessment of the situation with all internal departments involved,” the agency said yesterday. She wants to fulfill her responsibility to “contribute to a clean financial center in Switzerland”. It is about “analyzing and identifying” possible crimes. The second largest Swiss bank, like UBS, is considered systemically important, but has been shaken by scandals for two years. It is said to have facilitated money laundering and helped conduct the business of criminals and controversial or corrupt politicians and officials.

According to the “Tages-Anzeiger”, 20 to 30 percent of the jobs could be lost after the emergency takeover of CS by UBS. The two institutes have a good 120,000 employees. In Switzerland alone it could affect up to 11,000 jobs.