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Asharq Al-Awsat

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Asharq Al-Awsat

UNCOVERED: Transformation beckons for embattled credit suisse 80a3da4f b49b 46dc b511 67b4c638e925 | History Defined

Credit Suisse Ulrich Koerner Andreas Venditti Lehman United States Switzerland Greensill

A sign of Switzerland's second largest bank Credit Suisse on a branch's building in downtown Geneva in a file photo from November 4, 2020. Fabrice Coffrini, AFP

Battered by a series of scandals, rumors of financial trouble and plunging shares, Credit Suisse is preparing "transformation plans" to restore confidence in the Swiss banking giant.

Ulrich Koerner, who took over as chief executive in August, is due to present the strategic review on October 27, AFP said.

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