Credit Suisse Group AG is set to announce the departure of Chief Executive Officer Thomas Gottstein, the Wall Street Journal reported. The timing of Gottstein's exit could not be determined but an announcement could come as soon as Wednesday, the report said. Credit Suisse declined to comment on the report.
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Credit Suisse CEO Thomas Gottstein set to depart, WSJ reports
Credit Suisse Group AG is set to announce the departure of Chief Executive Officer Thomas Gottstein, the Wall Street Journal reported on Tuesday, citing people familiar with the bank.
GENEVA (AP) — Credit Suisse said Wednesday that CEO Thomas Gottstein is resigning after 2-1/2 years in the job, as he announced “disappointing” results, plunging revenues and a net loss in the second quarter.
Credit Suisse CEO resigns as bank posts second quarter loss
Credit Suisse has said its CEO Thomas Gottstein is resigning after two and a half years in the job, as he announced “disappointing” results, plunging revenues and a net loss in the second quarter.
Credit Suisse CEO to step down from embattled investment bank, WSJ says
The Zurich-based bank will soon announce the departure of Gottstein after a series of embarrassing mishaps and unprofitable quarters, according to the Journal.