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Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers have been largely untouchable.
The Swiss bank’s board is poised to anoint the return of a veteran as new head of private banking. finews.com reports on the unexpected detour.
Two of Europe’s banking giants picked the leaders who would help chart their next era as they named successors for the chairmen who steered them through a decade of restructuring. UBS Group AG on Saturday nominated former Morgan Stanley president Colm Kelleher to succeed Axel Weber as chairman next year. A day earlier, Deutsche Bank AG proposed Dutch insurance veteran Alexander Wynaendts for the same role, replacing Paul Achleitner. Wynaendts, 61, ran Dutch insurer Aegon NV for 12 years before leaving last year. Aegon typically gets the majority of its profit from the US, where it owns the i...
(Bloomberg) -- Two of Europe’s banking giants picked the leaders who will help chart their next era as they named successors for the chairmen who steered them through a decade of restructuring.
Investegate announcements from GlaxoSmithKline PLC, Directorate Change