Reuters reveals Credit Suisse overhaul draws scrutiny from some investors, proxy adviser over governance

Trade & Finance

Reuters supplied perception on how Credit score Suisse’s fresh determination to go out positive funding banking actions is drawing scrutiny from a minimum of two traders and a proxy adviser who informed Reuters they’re frightened about how the Swiss financial institution controlled possible conflicts of pastime of 2 administrators. The transfer to get a divorce the lender and spin off the funding banking trade was once noticed by way of analysts as some way for Credit score Suisse to concentrate on its extra winning wealth control franchise. However the traders are wondering how probably the most selections had been made.

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