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Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s Downfall

Summary by Ground News
A company review of his travels identified empty flights, which also identified Covid-19 quarantine violations in Switzerland and the UK. The travel review became fodder for Credit Suisse executives, who pressed for Mr. Horta-Osorio's departure. His fellow board members declined to endorse him, people familiar with the board said.
4 months ago·Zürich, Switzerland

News Articles

Wall Street Journal

WSJ News Exclusive | Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s Downfall

A bank review of António Horta-Osório’s travel found that Credit Suisse was paying for planes to return empty after dropping him off in London and Lisbon for the weekend.

4 months ago·New York, United States
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The Daily Beast

Ousted Credit Suisse Chairman Had Company Pay for Empty Private Jet Flights

The chairman’s use of company cash for empty planes reportedly hastened his ouster.

4 months ago·United States
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Businesshala

Businesshala News Exclusive | Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s Downfall

A bank review of the president's visit found it was paying for planes to return empty after leaving London and Lisbon for the weekend. A company review of

4 months ago
Read Full Article

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