Credit Suisse named Ulrich Koerner as its new chief executive on Wednesday and announced a strategic review as it struggles to recover from a series of scandals. This comes after Pressure had been mounting on Chief Executive Thomas Gottstein for months over the scandals and losses racked up during his two-year tenure that have hammered shares and angered investors.
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BREAKING: Credit Suisse names Ulrich Koerner its next CEO as the Swiss bank tries to recover from a series of scandals https://t.co/V1Rz58X8XYpic.twitter.com/K7IiZChd4T
— Bloomberg (@business) July 27, 2022
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