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Credit Suisse s New Chairman to Decide If Deal Is the Answer

Credit Suisse’s New Chairman to Decide If a Deal Is the Answer Bloomberg 1 day ago Jan-Henrik Förster, Ruth David and Ambereen Choudhury (Bloomberg) The damage control work at Credit Suisse Group AG from a pair of disasters that stunned the banking world will soon give way to the question of how the 165-year-old institution will rehabilitate its business and reputation. A new chairman, Lloyds Banking Group Plc chief Antonio Horta-Osorio, arrives in three weeks, to begin the search for answers after the fiascoes involving Archegos Capital Management, a New York-based family office, and supply-chain lender Greensill Capital, which have already wiped out more than a year of profits.

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