lending institution

Swiss authorities feared last year that the collapse of such a major lending institution as Credit Suisse could further roil global financial markets following the failure of two U.S. banks.

The attorney general made a careful analysis of Trump’s “massive and repeated fraudulent conduct” over an eleven-year span, including “a computation of Trump’s ill-gotten gains from the lending institutions, interest, and penalties,” Gershman explained.

Two dozen African leaders, top European Union and United Nations officials and representatives from international lending institutions were in Rome for the summit, the first major event of Italy’s Group of Seven presidency.

Swiss authorities feared the collapse of such a major lending institution could further roil global financial markets following the failure of two U.S. banks last year.

There have been calls for those lending institutions, including the World Bank, to change how they loan money for energy projects.