Troubled Credit Suisse Has Chinese Communist Party-Linked Member on Its Risk Committee

The logo of Swiss bank Credit Suisse at an office building in Zurich, Switzerland, on Sept. 2, 2022. Arnd Wiegmann/Reuters

Credit Suisse bank, which collapsed last week, revealed on its website that it had a CCP-affiliated member on its board of directors.

Shan Li, according to the bank’s website, is a board member with long extensive ties to the Chinese Communist Party (CCP), with senior roles on the bank’s risk management team, Asia advisory council, and compensation committee since 2019.