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

Business & Finance

Reuters provided insight on how Credit Suisse’s recent decision to exit certain investment banking activities is drawing scrutiny from at least two investors and a proxy adviser who told Reuters they are worried about how the Swiss bank managed potential conflicts of interest of two directors. The move to break up the lender and spin off the investment banking business was seen by analysts as a way for Credit Suisse to focus on its more profitable wealth management franchise. But the investors are questioning how some of the decisions were made.

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Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Global

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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