Investment Banking

Credit Suisse reshuffles board after turbulent year

Credit Suisse Group said it will reshuffle its board again after a turbulent year.

The Swiss bank, which lost more than $5bn a year ago from the collapse of family office Archegos Capital Management, is adding former UniCredit chief financial officer Mirko Bianchi and ex-Wells Fargo risk officer Amanda Norton, both of whom have extensive banking experience. Keyu Jin, an economics professor at the London School of Economics, will also join.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire