New members of the board of directors will be focused on risk management processes at the bank following its massive losses caused by the collapse of the family office earlier this year.
Axel Lehmann has been nominated to lead the risk committee at Credit Suisse after departing UBS earlier this year.
The report found that the investment bank’s risk divisions continuously failed to address frequent exposure limit breaches by the family office.
New chief risk officer from Goldman Sachs replaces former risk chief Lara Warner who was ousted following the Archegos Capital scandal in April.
As the fallout of the collapse of Archegos Capital sent shockwaves across the global community, Hayley McDowell examines this tale of winners and losers as questions about the future of prime brokerage are brought to the fore.
New chief technology and operations officer joins Credit Suisse from Goldman Sachs most recently as head of EMEA technology and quality assurance engineering.
Registered swap dealers at Credit Suisse were found to have inaccurately reported swap transactions by the US derivatives regulator.
New head of EMEA emerging markets macro and local sales brings 20 years of emerging markets sales experience at Credit Suisse to the role.
According to the Coalition Greenwich index, equities revenues reached one of the highest quarterly revenues in a decade excluding losses related to the Archegos scandal.
Deutsche Bank blew the whistle on the cartel and so was not fined alongside Bank of America, Credit Agricole and Credit Suisse despite having traders active in the scheme.