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Credit Suisse’s Fix-It Banker Lost His Standing as a Role Model
The 166-year-old bank had staggered from one humiliation to another. Now Horta-Osório has added to this list of embarrassments.
26 Jan 2022, 09:40 PM IST
(Bloomberg Businessweek) -- From the day he took over as chairman at Credit Suisse Group AG in May of last year, António Horta-Osório made no secret that he planned to take a tough, hands-on approach to the role. In his decades running financial institutions, he’d never experienced a bank in crisis quite like Credit Suisse, he said at the annual shareholders meeting.
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