Credit Suisse says its revamp intact despite chairman’s exit over COVID-19 breaches

  • Chairman Antonio Horta-Osorio apologises for personal actions
  • Quits within one year after taking charge
  • Bank appoints former UBS executive Axel Lehmann as chairman
  • Lehmann says bank’s strategy is not under discussion
  • Credit Suisse announced big revamp in November

SINGAPORE/ZURICH, Jan 17 (Reuters) – Credit Suisse will stick to its strategic overhaul despite the abrupt departure of its mastermind Antonio Horta-Osorio following an internal probe into his personal conduct, including breaches of COVID-19 rules, the embattled bank’s new chairman said on Monday.

Horta-Osorio leaves less than a year after he was hired to help the bank deal with the implosion of