Banking Scandals and Confrontations: Inside Stories and Controversies Revealed

2023-12-26 16:42:09

“There will be something for you. I just want the bank to compensate me. And I won’t forget you, rest assured. No one will ever know, it will be in cash, don’t worry…” (pretending to slide an envelope across the table that separated him from me).

A former customer of a bank, who claims to have lost several hundred thousand francs because of this establishment, and who was particularly determined to convince us to publish an article. The discussion lasted a bit, the time to explain to him several times that I am paid by The weather, and not by my interlocutors. I haven’t written an article about his story.

2. We won’t talk to you

“We are not going to answer your questions. We have learned that you approached an employee to ask for information. This is absolutely intolerable. You have placed this employee in a terrible situation. I take care of my employees. I hesitated to file a complaint against you and to warn your colleagues of your practices. I will only answer your questions if your editor-in-chief attends the interview.”

The boss of a Swiss bank, during a discussion which quickly ended. The interview ultimately never materialized, the conditions demanded by this gentleman were obviously not acceptable.

“I fired dozens of employees. Of course I have enemies.”

The same banker (the one who takes care of his employees) a few minutes later.

3. Amazement and dismay

“I have learned with shock and dismay that you attempted to violate Ms. Your behavior is seriously illegal from both a civil and criminal point of view, but also violates the most basic rules of journalistic ethics. If you were to do it again, I have been instructed to take action against you without prior warning.”

The bank’s lawyer, in an email received later the same day.

4. Mystery

“Who are these b***s? Where did you find them?”

A cryptocurrency enthusiast’s reaction to an article describing an initiative launched to find the true identity of Satoshi Nakamoto, the pseudonym used by the creator(s) of bitcoin.

5. The straw and the beam

“For what? But why?”

A financial lobbyist, choking (by e-mail) at not having been interviewed in the context of an article which gave the floor to a specialist in mergers and acquisitions, whom this lobbyist described as a prisoner of a conflict of interests. We know well that no lobbyist would ever find themselves in a conflict of interest.

6. The billion-dollar question

“You will see, France will end up returning the billion to UBS.”

An observer of the financial market who takes part in the little game of predictions in the UBS affair in France. Convicted of laundering tax fraud and illegal bank canvassing, the bank has won the right to a new trial, which will have to determine the amount of compensation that it will eventually owe to the French State. At the end of 2021, a Parisian court ordered UBS to pay 800 million euros in damages, while ordering the confiscation of a billion deposited as guarantee by the bank.

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#cash #dont #worry #closed #microphone #declarations #finance

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