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Credit Suisse Fires Risk Chief, Others As Archegos Losses Climb To $5 Billion

Credit.....»»

Category: blogSource: zerohedgeApr 5th, 2021

Credit Suisse considers replacing chief risk officer Warner, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 5th, 2021

Credit Suisse is reportedly weighing the replacement of high-profile executives, including its risk chief, following Greensill and Archegos crises

The .....»»

Category: worldSource: nytApr 4th, 2021

UBS and Credit Suisse to partially postpone dividend payout

UBS and Credit Suisse have decided to pay out part of their dividend for 2019 later this year after financial markets watchdog FINMA criticised the Swiss banks' decision to maintain a full payout during the coronavirus crisis......»»

Category: topSource: reutersApr 9th, 2020

Credit Suisse weighs curbing bonuses at time of coronavirus: CEO

Credit Suisse bank could restrain 2020 bonuses in a show of unity with victims of the coronavirus epidemic in Switzerland, Chief Executive Thomas Gottstein said on Monday......»»

Category: topSource: reutersMar 30th, 2020

Activists in dinghy urge Credit Suisse off climate "collision course"

Climate activists clad in Titanic-era costumes gathered in a rubber dinghy outside Credit Suisse's headquarters on Thursday, to urge incoming chief executive Thomas Gottstein to steer the bank off a climate "collision course"......»»

Category: topSource: reutersFeb 13th, 2020

Ousted Credit Suisse CEO Thiam to collect up to $30 million: sources

Credit Suisse Chief Executive Tidjane Thiam, ousted over a spying scandal, stands to collect as much as 30 million Swiss francs ($30 million) after resigning this month, two people familiar with the matter said......»»

Category: topSource: reutersFeb 13th, 2020

Credit Suisse posts best profit since 2010 in Thiam swan song

Credit Suisse posted a 69% rise in annual net profit on Thursday in a bittersweet swan song for outgoing Chief Executive Tidjane Thiam......»»

Category: topSource: reutersFeb 13th, 2020

Credit Suisse chairman expects to see out term after spy scandal

Credit Suisse Chairman Urs Rohner does not expect to be voted out of office before his term ends after this week's departure of Chief Executive Tidjane Thiam over a spying scandal......»»

Category: topSource: reutersFeb 8th, 2020

Investor backing proved poison chalice for Credit Suisse CEO

As the chairman of Credit Suisse prepared for a crunch meeting of directors over the future of its chief executive, the vocal backing of a U.S. investor for Tidjane Thiam had unintended consequences, helping seal the ousted CEO's fate......»»

Category: topSource: reutersFeb 7th, 2020

Tightrope Thiam: comeback CEO stung by a spying scandal

Tidjane Thiam is unlikely to quietly retire after his abrupt exit as chief executive of Credit Suisse , some of those who have worked with him predict......»»

Category: topSource: reutersFeb 7th, 2020

Credit Suisse chairman says many shareholders back board on CEO exit

Credit Suisse Chairman Urs Rohner said many shareholders have backed the board following the departure of Chief Executive Tidjane Thiam in the fallout from a spying scandal......»»

Category: topSource: reutersFeb 7th, 2020

Swiss watchdog continues Credit Suisse probe after CEO goes

Swiss markets watchdog FINMA is still examining corporate governance issues at Credit Suisse after Chief Executive Tidjane Thiam resigned amid a scandal over surveillance of managers, the agency said on Friday......»»

Category: topSource: reutersFeb 7th, 2020

Credit Suisse"s new CEO Gottstein seeks growth offensive

Credit Suisse's incoming chief executive, Thomas Gottstein, plans to put Switzerland's second-biggest bank on a growth offensive following predecessor Tidjane Thiam's cost-cutting exercise, he told Reuters on Friday......»»

Category: topSource: reutersFeb 7th, 2020

Credit Suisse CEO Thiam toppled by espionage scandal

Tidjane Thiam has quit as Credit Suisse chief executive after a spying scandal that has hit the reputation of Switzerland's second-biggest bank and shocked the country's financial community......»»

Category: topSource: reutersFeb 7th, 2020

Thiam quits as Credit Suisse CEO after spying scandal split

Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle with Chairman Urs Rohner at Switzerland's second-biggest bank over a damaging spying scandal......»»

Category: topSource: reutersFeb 7th, 2020

Credit Suisse CDS jump after CEO Thiam quits

The cost of insuring exposure to debt issued by Credit Suisse jumped by 3 basis points (bps) on Friday after Chief Executive Tidjane Thiam quit amid a power struggle at Switzerland's second-biggest bank......»»

Category: topSource: reutersFeb 7th, 2020

Credit Suisse CEO Tidjane Thiam stepping down after scandal

Credit Suisse Group AG said Chief Executive Officer Tidjane Thiam is resigning in a shock move likely to fuel an uproar among key shareholders who had backed the CEO amid a damaging spying scandal......»»

Category: topSource: moneycentralFeb 7th, 2020

Credit Suisse CEO Thiam quits after spying scandal

Credit Suisse Chief Executive Tidjane Thiam has quit after losing a power struggle within Switzerland's second-biggest bank as it seeks to move past a widening spying scandal that has prompted ever-louder calls for changes in leadership......»»

Category: topSource: reutersFeb 7th, 2020

Dow Jones Newswires: Credit Suisse CEO Tidjane Thiam resigns

Credit Suisse Group AG said Friday that it has accepted the resignation of Chief Executive Tidjane Thiam in the wake of an espionage scandal and appointed Thomas Gottstein in his place......»»

Category: topSource: marketwatchFeb 7th, 2020