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Horta-Osório’s exit throws Credit Suisse’s grand transformation into disarray
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fnlondon.comCredit Suisse has been dealt a fresh blow, as the high-profile banker drafted in to steady the ship and turn the bank around after a series of scandals resigned after just eight months following breaches of Covid-19 quarantine rules.
The Swiss bank has moved swiftly to replace former Lloyds Banking Group chief executive Sir António Horta-Osório with Axel P Lehmann, a former UBS executive who joined Credit Suisse in October, in a surprise midnight announcement on 17 January.
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