Web1 day ago · Deutsche has spent millions hiring from its Swiss rival. The German bank is known for paying comparatively high salaries of around $500k to managing directors. It's recruited at least 10 senior people from Credit Suisse in the past six months. Nor is stopping now. Alessandro Pelleriti, the Credit Suisse credit trader who resigned in February ... WebNov 11, 2024 · The SEC claimed that after the initial raid of Butcher banks, Jake deceived purchasers of UAB’s securities prior to its own collapse. On May 7, 1985, Jake pleaded guilty to federal bank fraud and was sentenced to twenty years in prison. In 1992, after serving almost seven years, he was paroled.
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Jake Butcher, disgraced East Tennessee banking kingpin, dies
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