Credit Suisse chair re-elected at AGM as shareholders reject CEO pay
Credit Suisse chair Axel Lehmann has been re-elected to the board at the bank’s annual general meeting.
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Credit Suisse chair Axel Lehmann has been re-elected to the board at the bank’s annual general meeting.
Executives had been braced for protests from Swiss citizens outraged at takeover by UBS
Axel Lehmann was narrowly reelected as the last chairman of an independent Credit Suisse Group AG and shareholders rejected the compensation for the executive board, at the end of an emotional final annual meeting for the Swiss lender.
The Swiss Federal Prosecutor has opened an investigation into the state brokered takeover of Credit Suisse by UBS, according to the Financial Times.
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