GENEVA — Credit Suisse said Wednesday that CEO Thomas Gottstein is resigning after 2-1/2 years in the job, as he announced “disappointing” results, plunging revenues and a net loss in the second quarter. Gottstein, a 23-year veteran of the bank, cited “personal and health-related considerations” weighing on his move to hand over to Koerner, who also worked for Credit Suisse …
Credit Suisse is set to lose its second chief executive in three years as the bank continues to lurch from crisis to crisis. The Swiss bank is set to announce the departure of its chief executive Thomas Gottstein after two and a half years in the role, the Wall Street Journal reported. Last year Sir António Horta-Osório, the former boss …
Credit Suisse Group AG’s double-barreled financial crisis shares a common theme: a bank that looked the other way when warning signs argued for pulling back on lucrative corners of its business. While it hasn’t put a number on the Greensill damage, a preliminary assessment inside the bank says losses to Credit Suisse investors may hit $1.5 billion, according to a …
