Credit Suisse CEO Ulrich Koerner departs after UBS-Credit Suisse merger completion.

Credit Suisse CEO Ulrich Koerner will leave UBS following the completion of the merger between the two Swiss banks. UBS took over Credit Suisse in a government-backed rescue in 2022, with the aim to complete the integration by late May, rendering the Credit Suisse management board obsolete. Koerner was appointed CEO of Credit Suisse after the Swiss government orchestrated the UBS takeover to prevent its collapse.

May 06, 2024
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