Credit Suisse Seeks New CEO for U.S. Holding Company After Varvel’s Exit

  • Swiss firm is looking at internal and external candidates
  • Bank wants to build its business in the U.S. after setbacks
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Credit Suisse Group AG is looking for a new chief executive officer to run its U.S. holding company as the Swiss bank seeks to build out its business in the country following a series of setbacks.

The lender is looking at internal and external candidates and has hired a recruitment firm to help find candidates, people familiar with the matter said, asking not to be identified discussing internal matters. The position was held by Eric Varvel until he announced his departure in December.