During his brief tenure at Credit Suisse, Alter Osorio led a significant recession in risk-taking and helped hire new executives. Former Credit Suisse CEO Tidjane Thiam resigned in 2020 because he was unable to contain the loss of reputation caused by the spy scandal. Unique to Credit Suisse, according to the people who worked there, Credit Suisse acts perfectly within Switzerland, a ubiquitous business and retail bank. Shortly after Christmas, Reuters reported that Credit Suisse had discovered a quarantine breach in Wimbledon. Severin Schwan, Chief Independent Director of Credit Suisse, is the Chief Executive Officer of Roche Holding.

Source: Wall Street Journal January 23, 2022 03:55 UTC