ZURICH: Credit Suisse’s chief executive Brady Dougan told a Swiss Sunday newspaper he had no plans to step down and his bank would not need a capital increase despite a US$2.5bil deal with US authorities over a tax dispute.
Swiss lawmakers have been among those calling for Dougan and other executives to resign to allow the bank to make a fresh start after its settlement with US authorities over charges it helped Americans to evade taxes.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
