FT - C Suisse likely to see several high-level departures

The culture will begin to change.

Tidjane Thiam is expected to waste little time in building a top team around him when he starts as chief executive of Credit Suisse at the end of June.

The Financial Times reports that several senior managers are likely to follow Brady Dougan out the door after he hands over Thiam, according to Credit Suisse executives, investors and headhunters.

One senior banker at Credit Suisse predicts a cultural switch from a leadership drawn from traders to more client-focused executives. 'Brady is a very shy guy', the banker told the newspaper. 'He is a trader who never really met clients. This place needs more clarity and focus on clients. The obvious way to achieve that is to change the people at the top'.

Hit the link below to access the complete Financial Times article:

Tidjane Thiam set to overhaul Credit Suisse leadership

Citi blocked on Argentine bond payment


JefferiesAnd the Best Place to Work in the global financial markets 2018 is...

Register for HITC Business News