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Risk.net
Latest job changes across the industry
Credit Suisse faces some tough choices as it absorbs the extraordinary losses inflicted by the Greensill and Archegos fund fiascos and subsequent ratings hit. On April 6, the firm announced an estimated pre-tax loss of approximately Sfr900 million ($963 million) for the first quarter, including a charge of Sfr4.4 billion ($4.7 billion) in respect of Archegos. At the same time, the firm announced that investment bank CEO
Brian Chin and chief risk and compliance officer Lara Warner were stepping down from their roles with immediate effect.
Christian Meissner, co-head of wealth management banking advisory and vice-chair of investment banking, will replace Chin in May. Meissner was previously head of global corporate and investment banking at Bank of America Merrill Lynch, and earlier co-CEO for EMEA at Lehman Brothers.
Traders Magazine
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Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, appointed
Murray Roos to the company’s Board of Directors effective March 19. He succeeds Debra Walton, who will be stepping down from the Tradeweb board. Roos is Group Head of Capital Markets, London Stock Exchange Group and a member of the group’s executive committee. Prior to joining LSEG in 2020, Mr. Roos was Global Co-Head of Equities at Citigroup and previously led the bank’s Multi-Asset Structuring Group. He joined Citi in 2015 from Deutsche Bank, where he held a number of management and trading roles.