ZURICH (Reuters) - Credit Suisse named asset management expert Ulrich Koerner as its new chief executive on Wednesday, the latest sign of churn at the Swiss bank that announced a strategic review as it struggles to recover from a series of scandals.
Pressure had been mounting on current chief executive Thomas Gottstein for months over the scandals and losses racked up during his two-year tenure that have hammered shares and angered investors.
In recent months some investors had called for Gottstein to be replaced, but the bank had resisted.
(Reporting by Michael Shields; Editing by Clarence Fernandez)
| 1st Jan change | Capi. | |
|---|---|---|
| +14.98% | 562B | |
| +15.30% | 304B | |
| +24.87% | 256B | |
| +23.32% | 212B | |
| +26.67% | 191B | |
| +32.89% | 172B | |
| +9.46% | 164B | |
| +8.46% | 151B | |
| +8.94% | 136B |
CREDIT SUISSE GROUP AG 
