Credit Suisse Chief Executive Tidjane Thiam resigned in the wake of an espionage scandal. The bank said Thomas Gottstein would replace him.
Credit Suisse Group AG Chief Executive Tidjane Thiam has left the bank after months of pressure over a spying scandal, despite warnings this week by some of its shareholders not to remove him.
The bank said Mr. Thiam’s resignation was accepted at a board meeting Thursday and he would leave after presenting annual results next week. It didn’t give a reason for his departure and named Thomas Gottstein, head of its Swiss bank, as its new CEO.
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