• Latest
  • Trending
Credit Suisse board backs says the CEO

Credit Suisse board backs says the CEO

After China central bank vows to crack crypto trade, Bitcoin slips

A glimpse of Cryptoverse DEX, and a brief accounting

FTX invested $300 million in Bahamas property as “personal fiefdom”

FTX invested $300 million in Bahamas property as “personal fiefdom”

Ant group sees fine from China over $1 bln, suggesting overhaul is almost done

Ant group sees fine from China over $1 bln, suggesting overhaul is almost done

Africa calls for climate finance tracker

COP27 agreement achieves a milestone on “damage and loss,” but not more

Budweiser World Cup advertising is limited by Qatar’s liquor ban; not destroyed

Budweiser World Cup advertising is limited by Qatar’s liquor ban; not destroyed

UK trade policy : A comprehensive strategy for a new beginning

British insurers serve as a trial run for the post-Brexit “unshackling”

STARLINK satellite internet service gets 500,000 preorders, Musk says

Musk claims he was engaged in revitalizing Tesla while upholding his $56 bln package

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

Electric vehicle manufacturers struggle financially—struck by exorbitant prices

Electric vehicle manufacturers struggle financially—struck by exorbitant prices

After China central bank vows to crack crypto trade, Bitcoin slips

Bahamas investigators are looking into the FTX collapse

Volatility is most essential for crypto ecosystem

Morning Bid: Crypto a disaster, Congress looking different ways

Binance registers with Italy’s regulator amid plans to expand in Europe

Cryptocurrencies drop after FTX-Binance dispute worries investors

Global Business Review Magazine
Tuesday, February 7, 2023
Nominate Here
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine
No Result
View All Result
Global Business Review Magazine
No Result
View All Result

Credit Suisse board backs says the CEO

Credit Suisse board backs says the CEO

Credit Suisse’s board of directors is convinced that Chief Executive Thomas Gottstein is the right person to strategically realign the bank. This realignment can be done by curbing risk appetite, said the Swiss bank‘s chairman in a newspaper interview. When he was asked whether he was planning to replace Gottstein as CEO or take over the operational lead of the bank himself, Antonio Horta-Osorio replied ‘no’ in the interview in SonntagsBlick.

He said that he can only say with certainty that Thomas Gottstein has the full confidence of the board of directors. In the difficult phase that the bank went through, he impressively demonstrated his leadership skills. The right man for the strategic realignment of the bank is him. Horta-Osorio is the chairman since April. He said that the bank had to curb risk appetite. The right incentives were also set while hiring the staffs.

YOU MAY ALSO LIKE

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

Swiss National bank sees a loss of about $143 billion in less than a year

The strategy discussion is not finished so that they cannot talk about it publicly. Then in the interview, Gottstein said that it was extremely important for the chairman and CEO to work together in this current critical phase. Credit Suisse is trying to rebuild its reputation. Because there was a huge loss and suffering in the supply chain finance funds linked to Greensill, over the last year because of the pandemic. The investment fund Archegos were also collapsed. Gottstein said that the bank had thoroughly analyzed its balance sheet. And said that they did not find any cases comparable to Greensill or Archegos.

Tags: BankingCredit SuisseThomas Gottstein
ShareTweetShare

Search

No Result
View All Result

Recent News

After China central bank vows to crack crypto trade, Bitcoin slips

A glimpse of Cryptoverse DEX, and a brief accounting

FTX invested $300 million in Bahamas property as “personal fiefdom”

FTX invested $300 million in Bahamas property as “personal fiefdom”

Ant group sees fine from China over $1 bln, suggesting overhaul is almost done

Ant group sees fine from China over $1 bln, suggesting overhaul is almost done

Africa calls for climate finance tracker

COP27 agreement achieves a milestone on “damage and loss,” but not more

Budweiser World Cup advertising is limited by Qatar’s liquor ban; not destroyed

Budweiser World Cup advertising is limited by Qatar’s liquor ban; not destroyed

UK trade policy : A comprehensive strategy for a new beginning

British insurers serve as a trial run for the post-Brexit “unshackling”

Global Business Review Magazine

Global Business Review is a online print magazine focusing on the updates and information about on emerging markets, Finance, Banking, Technology. Global Business Review provides news, features, analysis, commentary, and interviews from industry across the globe.

Recent News

  • A glimpse of Cryptoverse DEX, and a brief accounting
  • FTX invested $300 million in Bahamas property as “personal fiefdom”
  • Ant group sees fine from China over $1 bln, suggesting overhaul is almost done
  • COP27 agreement achieves a milestone on “damage and loss,” but not more
  • Budweiser World Cup advertising is limited by Qatar’s liquor ban; not destroyed

Categories

  • Banking
  • Business
  • Events
  • Finance
  • FinTech
  • Tech
  • Videos
  • About
  • Nominate
  • Privacy & Policy

© 2022 Global Business Review Magazine - All Rights Reserved.

No Result
View All Result
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine

© 2022 Global Business Review Magazine - All Rights Reserved.

Go to mobile version