Credit Suisse vows to forge ahead with its risk management overhaul, despite what its CEO called a “challenging” environment.
Credit Suisse vows to forge ahead with its risk management overhaul, despite what its CEO called a"challenging" environment.
The embattled Swiss lender will hold an Investor Deep Dive event Tuesday, setting out reforms across its risk, compliance, technology and operations functions, along with the wealth management business. Credit Suisse has endured a string of scandals and mishaps in recent years, and reported a net loss for the first quarter of 2022 as it continues to grapple with litigation costs.has vowed to forge ahead with its risk management and compliance overhaul in light of a string of scandals, despite what its CEO called a"challenging" environment.
The embattled Swiss lender will hold an Investor Deep Dive event on Tuesday, setting out its priorities and progress to date in reforms across its risk, compliance, technology and operations functions, along with the wealth management business. that it is likely to post a loss for the second quarter, as the war in Ukraine and monetary policy tightening squeeze its investment bank.
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