Andreas Gerber will assume overall responsibility for the Corporate Banking business area of Credit Suisse (Switzerland) Ltd as of January 1, 2021.
The Board of Directors of Credit Suisse Group AG proposes to the shareholders to elect António Horta-Osório as new Chairman.
Credit Suisse shareholders approved the proposal for a second distribution of dividends of CHF 0.1388 per share.
Credit Suisse will take an impairment of $450 million to the valuation of the non-controlling interest that the bank has owned in York since 2010.
Credit Suisse Securities (Hong Kong) Limited gets a $2.1 million fine for regulatory breaches related to failures in its electronic trading systems.
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