Credit Suisse Chief Executive Tidjane Thiam has quit after losing a power struggle within Switzerland’s second-biggest bank as it seeks to move past a widening spying scandal that has prompted ever-louder calls for changes in leadership. The Zurich-based bank said on Friday that Thiam would be replaced by Thomas Gottstein, head of the bank’s Swiss business. Credit Suisse’s board also said that Chairman Urs Rohner had backing to complete his term that until April 2021. …read more
Source:: Yahoo Finance
