Monday, December 5, 2022

Does Credit Suisse need a new boss this year?

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Credit Suisse just can’t get out of the negative headlines. Various legal disputes and recently a poor quarterly result – CS lost 273 million francs in the first three months – are not good for the image of the big bank.

The share price remains in the basement. Three out of twelve members of the management resigned. The post of Chief Financial Officer is still vacant. CS boss Thomas Gottstein (58), in office since February 2020, has stayed.

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