Credit Suisse’s Chairman Urs Rohner Under Siege by Investor Base

[kreslik.news]

Credit Suisse is again facing a potential insurrection, with investors now firmly training their focus on the group’s chairman Urs Rohner, following a rough stretch for the lender. The abrupt shift in attention to Mr. Rohner follows on the heels of similar sentiments against the bank’s CEO Tidjane Thiam, who recently scaled back his bonus.

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The latest rumblings from an anxious investor base are hardly unwarranted – a recently announced bonus expansion for the firm’s leadership follows the group’s $2.4 billion loss in 2016. Investors voiced strong opposition to Credit Suisse’s previous bonus expansion, ... (read more)