In a statement Credit Suisse said, its chairman Antonio Horta-Osorio has resigned after flouting COVID-19 quarantine rules. The development raises questions over the bank’s new lending strategy as it tries to recover from a string of scandals. Incidentally, Horta-Osorio became the… Read More ›
The GFG Alliance has agreed to a debt restructuring deal with Credit Suisse for its Australian steel and coal mining assets; it has also announced plans to inject $68 million (50 million pounds) in restarting its Rotherham electric furnace in the… Read More ›
On Monday, in a statement Credit Suisse said, it is set to pay back another $400 million tranche to investors in insolvent supply chain finance funds linked to Greensill. “The fifth payment of proceeds from the recovery of assets underlying the… Read More ›
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