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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.

3 Articles

The Daily BeastThe Daily Beast
Left

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.

·United States
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Wall Street JournalWall Street Journal
Center

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.

·New York, United States
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BusinesshalaBusinesshala

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

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Wall Street Journal broke the news in New York, United States on Saturday, January 22, 2022.
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