C Suisse CEO seeks quick action to implement results of strategic review

Microscope

'Our investors have grown impatient given the pace at which we have moved.'

New Credit Suisse CEO Tidjane Thiam has told a Swiss newspaper he wants quick action to implement results of strategic review he is conducting at the.

'Our investors have grown impatient given the pace at which we have moved. They expect quick change, and perhaps we must indeed move somewhat faster', he said in an interview with the Neue Zuercher Zeitung printed on Saturday.

Reuters reports that he said he had no preference in principle for either wealth management or investment banking and that the strategy the bank develops this year would determine how much capital it needs for a robust balance sheet.

'The bank's strategy is not a matter of mutually exclusive alternatives. We will put strong focus on Asia without neglecting other markets', the NZZ quoted him as saying.

To access the complete Reuters article hit the link below:

Credit Suisse CEO vows action for 'impatient' investors - NZZ

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