Meltdown

Duncan Mavin Macmillan Business Banking & Insurance English Paperback 9781035037476

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9781035037476
Paperback
Rs 899

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Publishing Group	:
Pages	:	352
Release Date	:	07 November 2024
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Weight	:	390 g
Dimension	:	15.2 x 2.7 x 23.3 cm
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ISBN-10/SKU/ASIN	:	1035037475
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Credit Suisse was a 166yearold bastion of Swiss banking. But a veneer of highclass service disguised a darker, dirtier reality. From its sterile Zurich headquarters, Credit Suisse banked dictators and drug dealers, hid stolen Nazi gold and helped fraudsters fleece the bank’s own clients out 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 the tawdry total meltdown of one of the biggest, most influential – and most scandalridden – banks on the planet. Uniquely sourced to tell the story of Credit Suisse’s demise, Duncan Mavin has dozens of insidetheroom contacts who can spill exclusive details about the bank. Meltdown will appeal to the global audience of readers fascinated by the corruption that permeates international finance. It’s an international tale that takes us from Mozambique to Australia, from Hong Kong to New York, and, of course, inside the hushed marble corridors of Zurich’s banking elite. There has been a huge appetite for books on financial impropriety in recent years and this title will sit on shelves alongside Dark Towers by David Enrich, Kleptopia by Tom Burgis and Money Men by Dan McCrum.

Duncan Mavin is the author of Pyramid of Lies: Lex Greensill and the Billion DollarScandal and a journalist at The Washington Post, based in the UK. He was previously a reporter for The Wall Street Journal, working in Asia, the US and across Europe, and a chartered accountant in the City. His previous book, Pyramid of Lies, was a critically acclaimed bestseller. It was one of Waterstones’ political books of the year for 2022 and an Observer book of the week. It was excerpted in The Times, the Mail on Sunday and the Australian media. He has appeared on several radio and television shows, as well as at literary festivals, to discuss the book and the fallout of the Greensill scandal it describes. The book has been optioned for both documentary and dramatic rights.