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Home Startups Events

THE SWISS TRANSLATION TO CRISIS

by Annu Mandal
February 21, 2022 - Updated On February 22, 2022
in Events, Learning, Other, Trending, Trends, World
Reading Time: 2 mins read
0
THE SWISS TRANSLATION TO CRISIS
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Perhaps the biggest reveal of the year has happened recently. One of the world’s leading financial services providers, Credit Suisse, information has been leaked in the market. The leaked information has shook the world as it got the information of many big faces. For instance, data of human traffickers, drugs dealers, money laundering, corruption, and other serious crimes.
Not just that, according to the New York Times, the leaked data covered more than 18,000 accounts collectively holding more than $100 billion. That’s HUGE.

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Twitter is filled with mixed emotions. For some, this is very surprising as the bank has one of the best security records. Others are agitated as the data can break many foundations of the world. Twitter is getting filled with knowledge. Various tweets in the light of evidence have also been able to prove what has happened in these banks.

First pay them to do the job. Then expose them. 😎 https://t.co/Pd40fYwRZ7

— Reham Khan (@RehamKhan1) February 21, 2022

Reham khan , making a comical statement “ first pay them , then expose them “ very ironic to the current statement of judiciary.

I wonder of the government will be as enthusiastic about recovering 'looted wealth' from former generals named in the Credit Suisse leaks as it is when it comes to its political opponents.

— Hassan Javid (@HassanJavid_) February 21, 2022

Hassan Javid tweets considering the same excitement of the government to their political opponents.

Surprise!

Swiss banking secrecy exists to protect Swiss Banks' PROFITS, regardless of ethics or morals. https://t.co/Cgy6YPb7N4

— William Donelson (@donelson52) February 21, 2022

William Donelson tweets against the breach regarding that ethics and morals don’t matter when it comes to privacy and secrecy

More bad news for the @Conservatives I think it's fair to assume.https://t.co/MutYoHKHct

— Peter Fickling (@PeteFickling) February 21, 2022

Peter fickling towards the rights of the conservative believers.

While it was known Zimbabwean business magnate Billy Rautenbach helped to fund and rescue the late former president Robert Mugabe from the jaws of electoral defeat in 2008, the role of Swiss international investment financial services group, Credit Suisse, was unknown until now. pic.twitter.com/lwt7DJQXdG

— TheNewsHawks (@NewsHawksLive) February 20, 2022

The news hawks, make a tweet regarding the support of billy Rautenbach helping president Robert Mugabe.

Interesting to see a Catholic cardinal in among torturers, drug traffickers, money launderers, and other serious criminals exposed in the Credit Suisse leak. pic.twitter.com/3aqGqcuSHe

— Billy Misanthrope 🇪🇸 (@BillyVacant) February 21, 2022

Billy misanthrope, putting a religious figure in the midst of criminals to be amongst them.

The Swiss banks have a history in revelation to related keeping money from different countries of different criminals from across the globe. This was a problem for Swiss banks which had a reputation for the secrecy of wealthy individuals from the web traditionally used to be one of those places where the banks can put trust in you with information very secret information may just incredibly successful back in 1934. the Swiss government passed banking secrecy and made it in a sentence for Swiss banks to reveal information so the seeds of massive growth in the Swiss banking system in history. 

The leak of the data could affect world diplomacy and since the political atmosphere is already is not at its best, this can lead to something serious.

 

 

 

 

Tags: Credit SuisseLeakSwiss banktechnology
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