Credit Suisse Chief Executive Tidjane Thiam resigned in the wake of an espionage scandal. The bank said Thomas Gottstein would replace him.
Credit Suisse Group AG Chief Executive Tidjane Thiam has left the bank after months of pressure over a spying scandal, despite warnings this week by some of its shareholders not to remove him.
The bank said Mr. Thiam’s resignation was accepted at a board meeting Thursday and he would leave after presenting annual results next week. It didn’t give a reason for his departure and named Thomas Gottstein, head of its Swiss bank, as its new CEO.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Credit Suisse CEO Tidjane Thiam quits after spying scandalCredit Suisse said on Friday it had accepted Chief Executive Tidjane Thiam'...
Read more »
Tidjane Thiam to step down as Credit Suisse CEO following spying scandalCredit Suisse CEO Tidjane Thiam is to step down as on Feb. 14 and will be replaced by Thomas Gottstein.
Read more »
Credit Suisse CEO Tidjane Thiam resigns after spying scandalCredit Suisse CEO Tidjane Thiam has resigned, as the bank struggles to move on from last year's spying scandal.
Read more »
European stocks mixed; Credit Suisse's Tidjane Thiam announces resignationEuropean markets are set to open mixed Friday morning, as investors monitor the latest coronavirus developments and breaking news on the corporate front.
Read more »
Credit Suisse overhauling banker bonus pay, adding clawback penalty - Business InsiderCredit Suisse is overhauling its bonus structure for investment bankers and asking them to agree to a new claw-back provision on cash for people that jump ship
Read more »
Swiss investor adviser Ethos calls for Credit Suisse overhaul after spyingProminent Swiss investment adviser Ethos Foundation has called on Credit Suisse ...
Read more »