Comment & Analysis
Credit Suisse Must Be ‘Ruthlessly Selective,’ Thiam Tells Staff
Credit Suisse Group AG will be “ruthlessly selective” on where the bank invests, Chief Executive Officer Tidjane Thiam told staff on his first day on the job. We will need a strong balance sheet that allows us to withstand adversity,” Thiam, 52, said in a memo seen by Bloomberg and…
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