Credit Suisse Closed Ai Weiwei Account Due to Missing Paperwork
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Credit Suisse Group AG closed Chinese artist and dissident Ai Weiwei’s account because of missing paperwork, the bank said Saturday, confirming a report by Tages-Anzeiger.
“The bank’s decision was made in spring 2021 because Mr Weiwei did not provide legally required information despite repeated requests,” Credit Suisse said in an emailed statement. “The termination of the client relationship was justified by business reasons.”