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Credit Suisse shareholders seek removal of risk chief after twin scandals - Vimarsana News

Credit Suisse shareholders seek removal of risk chief after twin scandals

Credit Suisse shareholders seek removal of risk chief after twin scandals Big investors target Andreas Gottschling in wake of Archegos and Greensill controversies about 4 hours ago   Some of Credit Suisse’s largest shareholders will attempt to remove the board member in charge of risk oversight, in protest at twin scandals that have cost the bank and its clients billions and tarnished its reputation. Andreas Gottschling – a 53-year-old German who has served as chair of the risk committee since 2018, earning a $1 million (€830,000 ) annual fee – has come under fire after the Swiss ba...

How Credit Suisse rolled the dice on risk management – and lost - Vimarsana News

How Credit Suisse rolled the dice on risk management – and lost

How Credit Suisse rolled the dice on risk management – and lost Senior executives pushed compliance to become ‘more commercial’ and dissenting voices were suppressed. Lara Warner, the chief risk and compliance officer at Credit Suisse, was at the centre of controversies.  Stephen Morris, Tabby Kinder, Owen Walker and Robert Smith Apr 21, 2021 – 2.50pm Save Share Five months before Greensill Capital’s collapse, Credit Suisse invited a special guest to present to its top ranks in Asia. The visitor was hailed as the sort of bold entrepreneur the bank wanted to do busi...

Source: afr.com