A Credit Suisse sign is seen on the exterior of their Americas headquarters in the Manhattan borough of New York City, September 1, 2015. REUTERS/Mike Segar
ZURICH, Aug 13 (Reuters) – Credit Suisse (CSGN.S) wants to appoint two risk experts to its non-executive board, Switzerland’s second biggest bank said on Friday, as it seeks to repair the damage caused by the Archegos and Greensill affairs.
New Chairman Antonio Horta-Osorio has made risk and cultural change a top priority after the bank lost more than $5 billion in the rush to unwind trades by family office Archegos and the collapse of $10 billion in funds backed by insolvent supply chain finance firm Greensill Capital. read more
Credit Suisse has proposed former UBS (UBSG.S) executive Axel Lehmann to join its board and become chairman of its risk committee. The Swiss executive has a
Credit Suisse proposes adding two risk experts to its board
RELATED ARTICLES