Credit Suisse Group appoints Ulrich Körner as member of Exec Board
Credit Suisse Group AG appoints Ulrich Körner as CEO Asset Management and a member of the Executive Board.
Credit Suisse Group AG appoints Ulrich Körner as CEO Asset Management and a member of the Executive Board.
Credit Suisse posted pre-tax loss of CHF 88 million, and its net loss attributable to shareholders was CHF 353 million in Q4 2020.
Credit Suisse explains that the loss is partially due to an increase in provisions for RMBS-related cases by $850 million.
With regard to Q4 2020, Credit Suisse notes that business performance so far has followed similar year-on-year trends as it saw in Q3.
Credit Suisse shareholders approved the proposal for a second distribution of dividends of CHF 0.1388 per share.