Credit Suisse and a partner, Russian bank VTB Group, arranged $2 billion in... When a Lebanese defense contractor asked Credit Suisse Group AG to finance sales of military ships to Mozambique, it looked like an opportunity to turn a relationship with a wealthy businessman into a lucrative deal. Instead, it has embroiled the bank in a scandal that has spread from the capital city of Maputo to financial centers around the world.

Source: Wall Street Journal June 29, 2016 15:32 UTC