Skip to content

Credit Suisse Taps Axel Lehmann as Chairman in Emergency Fix

  • Axel Lehmann takes over following Horta-Osorio’s abrupt exit
  • Swiss bank struggling to regain stability after 2021 scandals
Video player cover image
WATCH: Credit Suisse has appointment board member Axel P. Lehmann as its new chairman, effective immediately.Source: Bloomberg
Updated on

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

Credit Suisse Group AG is turning to a Swiss insider to be its fix-it chairman after Antonio Horta-Osorio was forced to resign, signaling a further shift toward caution and retrenchment and away from the risk-taking of recent years that dented its profit and reputation.