ITWASSOOTED: Suicide Banking

Wednesday, December 24, 2008

Suicide Banking

Two recent banking 'suicides'

HSBC banker found hanged by belt at 5-star London hotel after 'committing suicide'

By Tom Kelly
Last updated at 2:49 AM on 22nd December 2008

A leading City banker was found hanged in a five-star hotel in an apparent suicide, police said yesterday.

Christen Schnor, 49, was discovered by a hotel worker naked with a belt around his neck in the cupboard of his £500 a night suite.

The married father of two earned a six-figure salary as HSBC's head of insurance and also had a seat on the bank's executive committee.


Head of Fund Invested in Madoff Is Found Dead

Mr. de la Villehuchet’s firm managed Luxalpha, a $1.4 billion Luxembourg-based fund sold across Europe, invested in Bernard L. Madoff Investment Securities. Access International last week called Mr. Madoff’s arrest “a shocking development” in a note to investors. Investors in the fund included a unit of Rothschild and several clients of the Swiss bank UBS.
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