Credit Suisse's Future Hinges on Overcoming a Fraught Past- bloomberg

How a bastion of Swiss banking lost its way. For more than 160 years, Credit Suisse Group AG’s stone-clad headquarters on Zurich’s moneyed Paradeplatz has exuded power, stability and quiet wealth. Those days are over. While the building’s colonnaded facade is still a sight to behold, the operations inside are suffering deeply, and the bank’s ability to bounce back hangs in the balance. Rocked by a steady drumbeat of scandals and management upheaval in recent years, the company that helped position Switzerland as a linchpin of international finance is losing billions of dollars. Key employees are leaving, and some clients have pulled out money. With the stock at record lows—