Submitted by giteam t3_123o64p in dataisbeautiful
SomewhereAggressive8 t1_jdy4xw4 wrote
Reply to comment by nighthawk252 in [OC] What went wrong at Credit Suisse by giteam
It sounds like they used COVID as a cover for what really was fireable.
Lejeune_Dirichelet t1_jdzrpzs wrote
An article appeared in the FT before his dismissal reporting "rumors" that the chairman was the only intelligent and competent person in the company, and that the CEO especially had no formal education in finance (which wasn't true). I think everybody saw this as a move by the chairman to create public pressure on the CEO and to play office politics. So the bank got rid of him.
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