Thomas Gottstein News

03.08 / 15:11

Lowe's CEO Strategy Moodys Credit Suisse hit with stock and credit downgrades after earnings plunge

Credit Suisse shares slipped on Wednesday after Goldman Sachs downgraded the stock to «sell» following credit rating downgrades from Moody's and S&P.

01.08 / 05:15

JPMorgan Trading Places: All change at Credit Suisse, Barclays poaches from JPMorgan

This week's job moves were dominated by Europe's investment banks as second-quarter results season continued.

29.07 / 15:01

JPMorgan Trading Places: All change at Credit Suisse, Barclays poaches from JPMorgan

This week's job moves were dominated by Europe's investment banks as second-quarter results season continued.

27.07 / 16:21

Why Credit Suisse’s ‘fundamental’ investment bank overhaul is long overdue

David Wighton is a columnist for Financial News

27.07 / 13:19

COST UPS CEO Credit Suisse chairman denies plans to sell or raise capital after mammoth loss

Credit Suisse Chairman Axel Lehmann denied any intention to sell or merge the embattled Swiss lender after it reported a massive second-quarter loss.

27.07 / 08:39

CEO Strategy Credit Suisse unveils fresh overhaul as Ulrich Körner named as new CEO

Credit Suisse has named Ulrich Körner as its new chief executive, ousting current boss Thomas Gottstein as the Swiss bank looks to recover from a series of scandals.

26.07 / 22:01

SUN CEO WSJ Credit Suisse CEO to step down from embattled investment bank, WSJ says

In this article

28.06 / 10:23

COST Progressive CEO Scandals Credit Suisse vows to overhaul its risk management after a litany of scandals

Credit Suisse has vowed to forge ahead with its risk management and compliance overhaul in light of a string of scandals, despite what its CEO called a «challenging» environment.

11.06 / 13:41

COST CEO Warning Costs Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning

Credit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in frontline staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.

11.06 / 01:31

COST CEO Warning Costs Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning

10.06 / 11:03

UPS CEO Strategy Takeover Credit Suisse boss Thomas Gottstein says suggestion of State Street takeover is ‘really stupid’

Credit Suisse chief executive Thomas Gottstein said a report that the bank could be taken over by State Street was "really stupid" and that the lender can repair itself.

09.06 / 14:05

COST CEO Warning Costs Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning

Credit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in front line staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.

28.04 / 03:31

Credit Suisse places Russia staff on ‘paid leave’ as it pulls back

Credit Suisse's staff in Russia have been placed on paid leave as the Swiss bank looks to wind down its operations in the country, its chief executive Thomas Gottstein said.

27.04 / 15:01

Waves Reuters CEO Remark NOT Credit Suisse says U.S. authorities will 'absolutely not' find any wrongdoing amid probe into Russian oligarch record shredding

Credit Suisse told CNBC Wednesday that U.S. authorities will «absolutely not» find any evidence of wrongdoing as it faces a probe on its compliance with sanctions on Russian oligarchs.

27.04 / 13:01

Credit Suisse places Russia staff on ‘paid leave’ as it pulls back

Credit Suisse's staff in Russia have been placed on paid leave as the Swiss bank looks to wind down its operations in the country, its chief executive Thomas Gottstein said.

29.03 / 14:41

compliance Credit Suisse faces probe over compliance with Russia sanctions

US lawmakers asked Credit Suisse to hand over information related to the bank’s compliance with sanctions over Russia’s invasion of Ukraine.

28.03 / 17:07

compliance Credit Suisse faces probe over compliance with Russia sanctions

US lawmakers asked Credit Suisse to hand over information related to the bank’s compliance with sanctions over Russia’s invasion of Ukraine.

16.03 / 18:47

Executive Credit Suisse chief executive Gottstein says bank is ‘reviewing’ Russia

Credit Suisse chief executive Thomas Gottstein said that the bank is "reviewing" the situation in Russia, but has not yet decided to exit the country after it attacked Ukraine.

15.03 / 15:41

Executive Credit Suisse chief executive Gottstein says bank is ‘reviewing’ Russia

Credit Suisse chief executive Thomas Gottstein said that the bank is "reviewing" the situation in Russia, but has not yet decided to exit the country after it attacked Ukraine.

11.02 / 21:37

CEO Pool Credit Suisse must ‘pay market’ to retain talent, CEO says, as bonus pool cut by 32%

Credit Suisse chief executive Thomas Gottstein said that the bank has to “pay market” to attract the best people, despite a steep cut to its bonus pool as the Swiss lender reported a $1.7bn loss for 2021.

10.02 / 14:19

CEO Pool Credit Suisse must ‘pay market’ to retain talent, CEO says, as bonus pool cut by 32%

Credit Suisse chief executive Thomas Gottstein said that the bank has to "pay market" to attract the best people, despite a steep cut to its bonus pool as the Swiss lender reported a $1.7bn loss for 2021.

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