Tag Archives: Thomas Gottstein

Thiam lost out in a Credit Suisse power battle, much to the surprise of many observers. (Keystone / Walter Bieri) Credit Suisse’s board has defied the wishes of several major shareholders with the surprise axing of chief executive Tidjane Thiam. He has been replaced with Swiss national, and current head of the bank’s domestic operations, Thomas Gottstein. The bank appears to be going back to its Swiss roots in a bid to re-stabilise its business and reputation...

Where to now for Thiam? (© Keystone / Ennio Leanza) Credit Suisse chief executive Tidjane Thiam has resigned from his post following a highly damaging spying scandal that has rocked Switzerland’s second largest bank. Thiam’s departure is nevertheless a surprise as most media expected chairman Urs Rohner to depart. Thiam will leave the bank on February 14 when he will be replaced by Thomas Gottstein, who is currently CEO of Credit Suisse’s Swiss operations. The news...