Credit Suisse has appointed a banking veteran as global chief risk officer and member of the executive board, according to an announcement by the Swiss bank. David Wildermuth will take up his new role at the bank not later than 1 February 2022. He will be based in Zurich and report directly to Thomas Gottstein, the Credit Suisse group CEO. […]

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Credit Suisse has made sweeping changes to its senior management following the suspension of its Greensill supply chain finance funds and a US$4.7 billion write-down linked to hedge fund Archegos Capital’s crash. It has predicted a grim impact on its 1Q21 financial performance, which could amount to a loss of CHF 900 million (US$967 million). According to an announcement issued […]

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