Page 20 - Urs Rohner News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Subscribe on LinkedIn to be notified of each new Daily Update—a curated selection of essential intelligence on financial markets and the global economy from S&P Global. The fallout from the Greensill Capital and Archegos Capital Management scandals is continuing to reverberate across the financial services industry—likely resulting in a stricter risk management landscape. The collapse of the London-based supply chain finance company Greensill, which filed for insolvency in early March after maintaining a valuation in the billions just a few years prior, marked one of the most shocking fir...

With Greensill and Archegos, António Horta-Osório has more on his plate than a medieval King. But Credit Suisse’s new chair could do something that would placate doubters and please investors: pivot firmly to Asia. António Horta-Osório has been busy since he replaced Urs Rohner as chair of Credit Suisse on April 30. He hasn’t ducked the myriad challenges his new employer faces in the wake of the Greensill fiasco and the collective calumny of Archegos Capital Management. He has committed to a hands-on role in a strategic review of the Swiss bank’s risk management, culture and future ...

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Investegate announcements from GlaxoSmithKline PLC, Result of AGM

By Aaron Nicodemus2021-05-03T20:28:00+01:00 Credit Suisse’s board member in charge of its risk committee has stepped down as fallout from “unacceptable” losses in the wake of collapses at Archegos Capital and Greensill Capital continues to roil the Swiss-based bank. Andreas Gottschling told the bank Friday he would not stand for re-election. Proxy adviser Glass Lewis and other investors had been urging shareholders to vote against extending his term. Gottschling served on the Credit Suisse board since 2017 and on the board of Credit Suisse International since 2018, according to his Link...