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Could a deal with Morgan Stanley smooth Thiam’s way to the IMF?

Christine Lagarde’s nomination to the ECB could open up the coveted IMF job. But the timing is awkward for the boss of Credit Suisse

Tidjane Thiam, chief executive officer of Credit Suisse Group
Tidjane Thiam, chief executive officer of Credit Suisse Group Photo: Getty Images

How frustrating for Tidjane Thiam. The Credit Suisse chief executive’s dream job is unexpectedly available. But he is not.

Christine Lagarde’s nomination to head the European Central Bank, which is all but certain to be confirmed, frees up the post of managing director of the International Monetary Fund in Washington, a job long coveted by Thiam. Yet he is stuck in Zurich.

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