Skip to content

Credit Suisse Plunged Into Chaos After Horta-Osorio Ousted

  • Antonio Horta-Osorio replaced by board member Axel Lehmann
  • His tenure had received mixed reviews from staff, investors
Video player cover image
WATCH: Credit Suisse appointed Axel P. Lehmann to replace Antonio Horta-Osorio as chairman, effective immediately.Source: Bloomberg
Updated on

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

The banker tasked with fixing Credit Suisse Group AG was ousted just nine months into the job for breaching Covid quarantine rules, throwing the Swiss financial giant into fresh turmoil as it struggles to emerge from a series of scandals.