Credit Suisse Chairman to Leave After Breaking Covid Travel Rules

Credit score Suisse Group AG Chairman António Horta-Osório is leaving the worldwide financial institution following a board investigation into his journey and private conduct, based on individuals acquainted with the financial institution.

Credit score Suisse mentioned late Sunday that Mr. Horta-Osório had resigned following an investigation commissioned by the board. The individuals mentioned the investigation examined his conduct, together with journey that breached Covid-related authorities guidelines and his private use of company plane. He joined the Credit score Suisse board lower than a yr in the past.