One of the consequences of the headwinds faced by the Indian IT industry is the increasing bench size and under-utilisation of employees at companies like TCS, Infosys, Wipro, and others.
Credit Suisse Weighs Replacing Risk Chief in Looming Executive Shake-Up
This content was published on April 4, 2021 - 23:01
April 4, 2021 - 23:01
(Bloomberg) Credit Suisse Group AG leaders are discussing replacing chief risk officer Lara Warner while sparing Chief Executive Officer Thomas Gottstein as they tally losses that could reach into the billions from the collapse of Archegos Capital Management, according to people briefed on the matter.
The bank is set to give investors an update on the Archegos fallout, including the fate of top executives such as investment bank chief Brian Chin, two of the people said. They also said the Swiss firm is planning a review of its prime brokerage business, which is housed in the investment bank.
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