Covid breach sees exit of Credit Suisse chair
![Credit Suisse HQ](https://financialnewswire.com.au/wp-content/uploads/shutterstock_545176600.jpg)
The chairman of Credit Suisse, Antonio Horta-Osorio, resigned yesterday with immediate effect after admitting breaking the UK’s Covid quarantine rules.
The big banking group announced it had appointed Axel P. Lehmann to succeed Horta-Osorio.
The group said in a formal statement that Horta-Osorio had resigned following an investigation commissioned by the board.
He had been with the global banking group for nine months having been a former boss of Lloyds Banking Group.
Reports said the investigation had revealed that he breached Covid rules last year, including attending the Wimbledon tennis finals.
Nah, the AMP vertically intergrated model is effectively dead. It's a broad APL. It wouldn't come as any surprise that…
So let me get this right - Canberra spends an awful lot of time and effort focusing on consumer protection/compliance…
Just wind them up please so the rest of the financial planning industry can move forward without an albatross around…
Compare the pair.
I have clients who have been told to produce evidence they are with cbus or else they can't work on…