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Credit Suisse Chairman Lehmann Says Bank, Gottstein ‘Under Fire’

Axel Lehmann

Axel Lehmann

Photographer: Krisztian Bocsi/Bloomberg

Credit Suisse Group AG Chairman Axel Lehmann said that the changes at the top of the bank reflect the pressure the institution and chief executive Thomas Gottstein were under. 

“We as a company were under fire and he as a CEO was under fire,” Lehmann said in a Bloomberg Television interview on Wednesday. “Thomas and I came to the conclusion that it is better to have new leadership; but also for personal reasons he decided to step down.”