Credit Suisse 'had clients tied to corruption'

Credit Suisse shares fell almost 2% after the open on Monday

Credit Suisse issued a statement soon after the stories were published, saying it “strongly rejects the allegations and insinuations about the bank’s purposed business practices.” (Walter Bieri/Keystone via AP, File)

Credit Suisse managed accounts for clients involved in human rights abuses, corruption and drug trafficking, according to newspaper reports based on leaked data on more than 18,000 accounts that together held more than $100bn (€88bn).

An anonymous whistle-blower gave the information to German newspaper Sueddeutsche Zeitung, which shared the data with a nonprofit journalism group and dozens of other news organisations worldwide.