RIYADH The chairman of Saudi National Bank (SNB), the main shareholder of troubled lender Credit Suisse which was bought out this month, has resigned, a statement said on Monday.The Saudi bank's board of directors "accepted the resignation" of Ammar Al Khudairy "due to personal reasons", said the statement published on the Saudi stock exchange.Credit Suisse's shares
Saudi National Bank , the largest shareholder in Credit Suisse before the bank's rescue earlier this month, on Monday named a new chairman after the lender suffered significant losses on its investment.