Credit Suisse’s heads of IB and risk fall on swords after Archegos implosion

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By Silas Brown
06 Apr 2021

Credit Suisse has begun an overhaul of its leadership following the collapse of Archegos Capital, as well as losses from the bank’s ties to Greensill Capital. The Swiss lender has cut dividend payments by two thirds, and slashed bonuses for senior executives.

The chief executive of Credit Suisse’s investment bank, Brian Chin, and the group’s chief risk and compliance officer Lara Warner are leaving their roles, according to a trading update on Tuesday morning. Chin and Warner only started these jobs in July 2020.  

Their departures come as the ...

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