1. Credit Suisse Shareholders Withhold Management Approval as Ire Grows

    Credit Suisse Shareholders Withhold Management Approval as Ire Grows

    (Reuters) - Credit Suisse shareholders on Friday rejected by a wide margin the board's proposal to discharge the beleaguered Swiss bank's management from liabilities for the 2020 financial year, as investor ire over a slew of costly missteps grows. The vote showed growing pushback over what has been described as a free-wheeling culture at Switzerland's second-biggest bank...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      Board Recruitment Publication, BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. Although I'm only a small fish in your eyes...I would like to ask the board of directors: what has gone so wrong in recent years?
    2. The major challenge we face is to steadily work towards our objectives with great determination and consistency – and in doing so, to win back the trust of clients, employees, regulators and investors and preserve that trust over the long term.
  3. Topics Mentioned