Credit Suisse Must Be ‘Ruthlessly Selective,’ Thiam Says
Prudential Chief Executive Officer Tidjane Thiam. Photographer: Simon Dawson/Bloomberg
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Tidjane Thiam, making his debut as chief executive officer of Credit Suisse Group AG, said he plans to build a strongly capitalized and more nimble business.
In a memo to employees on his first day on the job, the former CEO of Prudential Plc said he would take a few months to understand the organization and operations before setting out his plans for Switzerland’s second-biggest bank later this year.