Credit Suisse Removes Bankers Over Greensill
Michel Degen Credit Suisse Removes Bankers Over Greensill Eric Varvel is making management changes at the Swiss bank's under-fire asset management unit, finews.com has learned. This follows the implosion of a $10.1 billion line of funds co-managed with supply chain specialist Greensill. Zurich-based Credit Suisse is taking Michel Degen off the job temporarily as the head of its asset management activities in Switzerland and wider Europe, the Middle East, and Africa, effective immediately, according to a memo to the unit's staff on Wednesday, finews.com can report. «I've asked Fili...
Source: finews.com