Meltdown: Greed, Scandal, and the Collapse of Credit Suisse
Mar 2025 · Sold by Simon and Schuster
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About this ebook
The incredible story of a once-venerable Swiss bank that produced a litany of financial scandals and whose collapse reveals the amorality at the heart of the global banking system.
Credit Suisse was a 166-year-old bastion of global banking. But a veneer of high-class service disguised a darker, much dirtier reality. From its sterile Zurich headquarters, Credit Suisse banked dictators and drug dealers, hid stolen Nazi gold, and helped corrupt bankers fleece the firm's own clients of billions of dollars. Its top executives oversaw a global operation that laundered money for autocrats; they hired spies to track one another through the cobbled streets of the Swiss financial capital; and they helped clients hide their money from the world’s tax authorities. This is the story of a tawdry total meltdown of one of the biggest, most influential, and most scandal-ridden banks on the planet.
Duncan Mavin is uniquely sourced to tell the story of Credit Suisse’s scandal-ridden demise, with dozens of inside-the-room contacts that spill exclusive details about the bank onto these pages. The bank’s collapse, in March of last year, was the biggest shock to the financial system since the Financial Crisis of 2008, and sparked a media frenzy. But only Duncan has had access to key sources within the bank’s executive suite—including former CEOs—and the inner circle that brings this critical, rollicking story to life.
Meltdown will appeal to the global audience of readers fascinated by the corruption that permeates international finance and who wish to understand the role of money and those who shuffle it around the world in manipulating the world order in their own interests. It is an international tale that takes us from Mozambique to Australia, from Hong Kong to New York, and inside the hushed, marble corridors of Zurich’s banking elite.
Credit Suisse was a 166-year-old bastion of global banking. But a veneer of high-class service disguised a darker, much dirtier reality. From its sterile Zurich headquarters, Credit Suisse banked dictators and drug dealers, hid stolen Nazi gold, and helped corrupt bankers fleece the firm's own clients of billions of dollars. Its top executives oversaw a global operation that laundered money for autocrats; they hired spies to track one another through the cobbled streets of the Swiss financial capital; and they helped clients hide their money from the world’s tax authorities. This is the story of a tawdry total meltdown of one of the biggest, most influential, and most scandal-ridden banks on the planet.
Duncan Mavin is uniquely sourced to tell the story of Credit Suisse’s scandal-ridden demise, with dozens of inside-the-room contacts that spill exclusive details about the bank onto these pages. The bank’s collapse, in March of last year, was the biggest shock to the financial system since the Financial Crisis of 2008, and sparked a media frenzy. But only Duncan has had access to key sources within the bank’s executive suite—including former CEOs—and the inner circle that brings this critical, rollicking story to life.
Meltdown will appeal to the global audience of readers fascinated by the corruption that permeates international finance and who wish to understand the role of money and those who shuffle it around the world in manipulating the world order in their own interests. It is an international tale that takes us from Mozambique to Australia, from Hong Kong to New York, and inside the hushed, marble corridors of Zurich’s banking elite.
The incredible story of a once-venerable Swiss bank that produced a litany of financial scandals and whose collapse reveals the amorality at the heart of the global banking system.
Credit Suisse was a 166-year-old bastion of global banking. But a veneer of high-class service disguised a darker,...
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Ratings and reviews
1 review
Jennifer Graziano
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May 23, 2025
A stock portfolio isn't a game; joke, or boring. The companies already have to be in our language where a number of answers are complete when one-hundred percent full is reached. Once finished investing neatness of our record keeping is learned due to market changes in other places than futures. Invester money is equity; shareholder means company products are a household name; however, the stock market belongs to no individuals. Where all invested names are who's here so the same ones; they aren't what usable to shareholders. Data sheets are and how to get rich normally in the real-life market. Investment portfolio comfort is different than the stock one. We don't invest in foreign companies; that we be crazy. We know the market and they're a part of it. The "Who wants to be a millionaire" saying is rewarding to personal investors. Motley Fool money is calendar reserved the closing includes stock market outlook. Stock picks might be in the guides; they might not be. What company names are real is included.
About the author
Duncan Mavin is a veteran international financial journalist. He has been a reporter and editor for the Wall Street Journal and the Washington Post, and was the WSJ’s Financial Editor for Europe, the Middle East, and Africa. He has also been Managing Editor for Barron’s Group and is the UK bestselling author of the Lex Greensill exposé Pyramid of Lies. Meltdown is his first book to be published in America.
Duncan Mavin is a veteran international financial journalist. He has been a reporter and editor for the Wall Street Journal and the Washington Post, and was the WSJ’s Financial Editor for Europe, the Middle East, and Africa. He has also been Managing Editor for Barron’s Group and is the UK bestse...
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