New Credit Suisse chairman eyes risk and culture, strategic options By Reuters
ZURICH (Reuters) - Credit Suisse (SIX:CSGN)'s incoming Chairman Antonio Horta-Osorio intends to take a look at the bank's risk management and culture following recent crises, as well as reviewing strategic options for the bank, he told shareholders upon his election on Friday. Shareholders elected the former Lloyds (LON:LLOY) CEO with 96.45% approval during a time at which the bank has been roiled by billions in losses. "It takes years to build a reputation while it can be seriously affected literally overnight," he told shareholders in a webcast speech. "Over three and a...
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