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THOMAS GOTTSTEIN
Credit Suisse names new CEO as losses widenKoerner previously worked at Credit Suisse in different roles between 1998 and 2009 after which he worked at rival bank UBS between 2009 an...
UniCredit considers quitting Russia, Credit Suisse outlines Russian wealth clientsA growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business th...
Credit Suisse slashes top executives' bonuses 64% for torrid 2021Credit Suisse's 2021 was marked by the collapse of $10 billion in supply chain finance funds linked to insolvent British finance firm Green...
Credit Suisse serves investors thin gruel as Wall Street feasts on dealsCredit Suisse has emerged as the bank hardest-hit from its exposure to Archegos, which collapsed when it couldn't meet margin calls.
Credit Suisse scandal toll goes ever higher as rivals thriveLast month's Archegos disaster prompted sweeping management changes at the Swiss bank Tuesday and cast fresh doubt on its checkered record ...
Two Credit Suisse executives to depart as bank details Archegos losses: ReportThe bank was already facing scrutiny over its relationship with British finance firm Greensill, which collapsed into insolvency last month.
Credit Suisse unloads $2.3 billion of stocks tied to Archegos CapitalThe unwinding of Bill Hwang’s Archegos portfolio has turned into one of the biggest fund flameouts since Long-Term Capital Management’s dem...
US stocks slump as Nomura, Credit Suisse warn of big losses after Archegos share dumpLosses at Archegos Capital Management, run by former Tiger Asia manager Bill Hwang, had triggered a fire sale of stocks on Friday
Nomura, Credit Suisse warn on losses after Archegos share dumpNomura's loss was related to Archegos' trades, Bloomberg reported citing people familiar with the matter, one of whom said Archegos was a p...
Credit Suisse, under regulatory scrutiny, rejigs asset managementIn its annual report, the lender said Swiss regulator FINMA was one watchdog looking into the matter, and was reviewing it in relation to t...
Credit Suisse Q3 results: Profit slides as wealth management fees fallProfit slid 38% during the quarter to 546 million Swiss francs ($602 million) as CS contended with its strongest foreign currency adversiti...
Credit Suisse Q3 results: Net profit falls 38%, misses estimatesProfit reached 546 million Swiss francs ($601.98 million) in July-September. That compared with the 572 million franc median of 17 analyst ...
Credit Suisse Q2 results: Profit beats estimates; firm to merge investment banking unitsGottstein, who took over as CEO in February, wants to generate approximately 400 million francs in annual savings from 2022 onwards through...
Embattled Credit Suisse chief Tidjane Thiam steps down"The Board of Directors of Credit Suisse Group has unanimously accepted the resignation of Tidjane Thiam and appointed Thomas Gottstein as ...