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The Independent UK

National

Via AP news wire

Credit Suisse chairman resigns after internal investigation

Credit Suisse Antonio Horta-Osorio

AP2009

Credit Suisse says its chairman has resigned following an internal investigation that reportedly turned up that he had violated quarantine rules intended to fight the COVID-19 pandemic.

The resignation of Antonio Horta-Osorio a British-Portuguese national who took the job barely eight months ago, was announced shortly after midnight Monday. It is the latest upheaval at the top-drawer Swiss bank that has faced an array of recent troubles, including bad bets on hedge funds and an internal spying scandal.

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