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Credit Suisse Chairman Resigns After Internal Investigation

Then Abbey Bank's chief executive Antonio Horta-Osorio waits for his car to arrive after giving evidence to the Treasury Select Committee of British lawmakers at the Palace of Westminster in London, Wednesday, Jan. 11, 2009. Credit Suisse says its chairman Antonio Horta-Osorio has resigned following an internal probe that reportedly turned up that he had violated quarantine rules intended to fight the COVID-19 pandemic. The resignation of Horta-Osorio, a British-Portuguese national who took the job barely eight months ago, was announced shortly after midnight Monday, Jan. 17, 2022. (AP Photo/Alastair Grant, File)
Then Abbey Bank's chief executive Antonio Horta-Osorio waits for his car to arrive after giving evidence to the Treasury Select Committee of British lawmakers at the Palace of Westminster in London, Wednesday, Jan. 11, 2009. Credit Suisse says its chairman Antonio Horta-Osorio has resigned following an internal probe that reportedly turned up that he had violated quarantine rules intended to fight the COVID-19 pandemic. The resignation of Horta-Osorio, a British-Portuguese national who took the job barely eight months ago, was announced shortly after midnight Monday, Jan. 17, 2022. (AP Photo/Alastair Grant, File)
THE ASSOCIATED PRESS (JAMEY KEATEN)
Updated on

Geneva (AP) -- Credit Suisse said Monday that its chairman has resigned following an internal investigation that reportedly found he violated quarantine rules intended to fight the COVID-19 pandemic.

The resignation of Antonio Horta-Osorio, a British-Portuguese national who took the job barely eight months ago, was announced shortly after midnight Monday. It is the latest upheaval at the top-drawer Swiss bank that has faced an array of recent troubles including bad bets on hedge funds and an internal spying scandal.