Saudi National Bank chair resigns after Credit Suisse buyout

Saudi National Bank chair resigns after Credit Suisse saga

Credit-Suisse-Killing Saudi National Bank Chair Resigns "For Personal Reasons"

Credit-Suisse-Killing Saudi National Bank Chair Resigns "For Personal Reasons" Almost two weeks following an interview with Bloomberg TV, in which Saudi National Bank Chairman Ammar Al Khudairy, who is also Credit Suisse Group AG's largest shareholder, ruled out the possibility of raising his stake in the struggling Swiss lender, the bank's stock immediately plummeted, leading to an abrupt takeover by rival UBS. Now the chairman of the Saudi Na…

Saudi National Bank chairman resigns after Credit Suisse loss

Current CEO Saeed Mohammed Al Ghamdi will take over as the new chairman on March 27, with deputy CEO Talal Ahmed Al Khereiji filling his place.

Saudi National Bank chair resigns after Credit Suisse comments

Ammar al-Khudairy’s remarks about Swiss lender spurred investor panic that led to emergency takeoverThe chair of the Saudi National Bank has resigned for “personal reasons” less than two weeks after his comments spurred investor panic over Credit Suisse that ended in an emergency takeover by its larger Swiss rival, UBS.The Saudi National Bank (SNB), which was Credit Suisse’s largest shareholder, announced on Monday that it had “accepted” Ammar a…

Saudi National Bank chairman quits after triggering Credit Suisse turmoil

Ammar Al-Khudairy steps down after saying he would 'absolutely not' inject more cash into Swiss bank

Saudi National Bank chief resigns after Credit Suisse storm

The chairperson of Saudi National Bank has resigned, a statement said Monday, nearly two weeks after his comments on Credit Suisse sent the Swiss...