Credit Suisse appoints Ulrich Körner as Group CEO
Credit Suisse Group AG today announced the appointment of Ulrich Körner as Group Chief Executive Officer from August 1, 2022.
Credit Suisse Group AG today announced the appointment of Ulrich Körner as Group Chief Executive Officer from August 1, 2022.
The plaintiffs in a CHF LIBOR lawsuit targeting Credit Suisse seek the Court’s approval of the proposed $13.75 million settlement.
Credit Suisse notes that the investigation dates back more than 14 years and that it will appeal the decision.
Plaintiffs in a LIBOR manipulation lawsuit push for a final approval of their settlement with Credit Suisse and MUFG.
David Mathers, who has served as CFO since 2010, has indicated his wish to seek alternative opportunities outside of Credit Suisse.
Credit Suisse expects its reported earnings for Q1 2022 to be negatively impacted by a decision to increase litigation provisions.
Sven Stephan has been appointed to lead the new onsite dedicated Wealth Management team of Credit Suisse (Deutschland) AG.
Severin Schwan, Kai S. Nargolwala and Juan Colombas have informed the Credit Suisse Board that they will not stand for re-election.
Plaintiffs are working to finalize agreements of settlement with Deutsche Bank and Credit Suisse in a LIBOR manipulation lawsuit.
Credit Suisse reports pre-tax loss of CHF 522 million in FY21, impacted by the Archegos matter, goodwill impairment and litigation provisions.