Brady Dougan, CEO of Credit Suisse from 2007 until 2015
Friday, 9 April 2021 08:25
| Written by Katharina Bart
Brady Dougan Still Finds Credit Suisse Pretty Great
Brady Dougan, who
left the Zurich-based bank in 2015, is still a Wall Streeter: he is seeking to launch a digital investment bank – Exos. The U.S. native secured money from Qatar and Saudi Arabia for the new venture – which aimed to rival big houses for principal investments, investment banking and trading, including proprietary buying and selling.
He remains a huge booster of Credit Suisse (and probably a big stock-holder), defending the Swiss bank's risk practices in an interview with financial broadcaster «Bloomberg» after it lost as much as 4.4 billion Swiss francs ($4.7 billion) in the Archegos blow-up.