Meltdown by Duncan Mavin

The provided text features excerpts from Duncan Mavin’s "Meltdown," a book chronicling the long-term decline and eventual collapse of the global financial giant Credit Suisse. Mavin traces the bank’s history from its 19th-century origins under founder Alfred Escher to its modern struggles with scandals, risky leadership, and cultural friction between its Swiss and American divisions.
The narrative details a series of high-profile failures, including the Chiasso Affair, involvement in Nazi-era accounts, and the aggressive expansion into Wall Street investment banking. Key figures such as…