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2025-03-272025-03-271111100
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Credit Suisse veteran calls for return of bonuses amid bank losses

A Credit Suisse veteran, Richard Chandler, is calling for the return of bonuses awarded to executives despite significant losses, expressing his frustration over their negligence. Having worked at the bank for 53 years, he highlights a culture of prioritizing quick profits and criticizes past leadership for their role in the bank's decline. Chandler, who praised former CEO Oswald Grübel for his understanding of banking, began to lose faith in the institution following the Archegos and Greensill scandals.
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United States Dollar Credit Suisse Strategic Income I CHE Oswald Grübel Lukas Mühlemann Thomas Wellauer Josef Ackermann Rainer Gut Robert Jeker Richard Chandler Show more
Finance & Economy, Transcript
03:12 27.03.2025
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