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5 Min Read ZURICH (Reuters) -Credit Suisse’s new chairman Antonio Horta-Osorio said he sees the scale of problems facing Switzerland’s second-largest bank as representing his biggest challenge yet. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann/File Photo Horta-Osorio, who was approved by Credit Suisse shareholders as chairman on Friday, said he intends to look at the bank’s risk management and culture in the wake of two major crises, as well as reviewing the bank’s strategic options. “Over three and a half decades, I have personally worked at and led several banks in different countries and have lived through many crises,” the former Lloyds chief executive said during Credit Suisse’s webcast annual general meeting. ....
Credit Suisse board member Gottschling to exit after risk management debacle SECTIONS Last Updated: Apr 30, 2021, 12:29 PM IST Share Synopsis Gottschling is leaving after proxy adviser Glass Lewis and some of Credit Suisse s large investors were opposed his to re-election to the board at the shareholders meeting due to be held later on Friday. AFP Credit Suisse board member and risk committee chairman Andreas Gottschling will not stand for re-election, the Swiss bank said on Friday, the latest head to roll among top leadership after the Greensill and Archegos debacles. Gottschling is leaving after proxy adviser Glass Lewis and some of Credit Suisse s large investors were opposed to his re-election to the board at the shareholders meeting due to be held later on Friday. ....