Credit Suisse Risk Officer to Exit After Bank’s Archegos Report
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Credit Suisse Group AG’s Ralf Hafner, who served as chief risk officer for the firm’s investment bank, will leave after the bank’s probe into its Archegos Capital Management disaster faulted employees for not acting on warning signs before the family office’s collapse.
Hafner will leave the Swiss bank at the end of next month, according to a person briefed on the matter. Hafner joined Credit Suisse last year after more than two decades at Goldman Sachs Group Inc., according to his LinkedIn profile.