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Why a Credit Suisse deal is a real steal for a UK bank If it is corporate high jinks that you want, Credit Suisse has it in spades 2 May 2021 • 6:42am Accident-prone would be putting it too kindly. Catastrophe magnet would be more accurate. Or perhaps write-off central, or bungling HQ. However you might want to describe it, there can be no question that Credit Suisse, one of the oldest and most prestigious brands in the global banking industry, is stumbling from one disaster to another right now. The Archegos and Greensill losses are just the latest costly missteps. Ahead of a shareholder...

ADVERTISEMENT ADVERTISEMENT New Credit Suisse Boss Pledges Review, Risk Exec Exits Law360, London (April 30, 2021, 4:15 PM BST) -- Credit Suisse's incoming chairman has said he plans to revamp how the company manages risks after it found itself at the center of two crises that have cost it billions after a hedge fund and a supply-chain finance company imploded. António Horta-Osório said after his confirmation at a shareholders meeting on Friday that he will work with Credit Suisse Group AG's board and management to scrutinize how risks are being assessed, managed and controlled at the Zuri...

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 ...

Urs Rohner (Image: Keystone) Rise and Fall of Credit Suisse's Urs Rohner a lender in crisis. finews.com looks back at the pugnacious trial lawyer’s last decade. Urs Rohner gave up the relative safety of a partnership at one of Zurich’s preeminent white-collar law firms to become CEO of a German media juggernaut in 2000. The chief counsel to Switzerland’s second-largest bank lured him back to the alpine nation in 2004. Once considered a candidate as CEO of Credit Suisse, Rohner’s path led to the Swiss bank’s board through his mentor, Walter Kielholz. Privately, Rohner has express...

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...