RTR: Credit Suisse chairman resigns over Covid-19 breaches in new setback

REUTERS reports:

– Chairman Antonio Horta-Osorio apologies for personal actions

– Quits within one year after taking charge

– Bank appoints former UBS executive Axel Lehmann as chairman

– Credit Suisse announced big revamp in November

Credit Suisse Chairman Antonio Horta-Osorio has quit following an internal probe into his personal conduct, including breaches of COVID-19 rules, raising questions over the embattled lender’s new strategy as it tries to recover from a string of scandals.

Meanwhile, BBC wrote that Antonio Horta-Osorio had “resigned with immediate effect after an ...