Investors will be looking for guidance from top executives at the troubled bank.
Later today, troubled Swiss bank Credit Suisse will inform investors about key priorities and achievements across risk, compliance, and technology and operations along with its wealth management business, according to a statement from Credit Suisse.
The Investor Deep Dive will be hosted by CEO Thomas Gottstein who has recently come under criticism from investors calling for his replacement. He still has the backing of Chairman Axel Lehmann.
«Despite the challenging market environment, we remain firmly focused on the execution of our strategic plan during the transition year 2022 and on reinforcing our risk culture – crucially, while staying close to our clients. At the same time, we are continuing to drive the bank’s digital transformation, which is key to building a robust, scalable, and agile organization that is fit for the future,» Gottstein said.
Executive Lineup
Other C-suite executives will also be providing updates for their business units, including Francesco De Ferrari, CEO of wealth management. He will discuss the execution of sustainable growth, according to the statement.
David Wildermuth, Chief Risk Officer, will set out the actions that Credit Suisse is taking to elevate its risk culture and capabilities and explain the advances made in strengthening its risk management framework. Investors will likely be looking for his views following yesterday's guilty verdict for the bank in a money laundering case.
Rafael Lopez Lorenzo, Chief Compliance Officer, will highlight the initiatives being taken to strengthen the bank through effective and efficient compliance risk management.
Joanne Hannaford, Chief Technology & Operations Officer, will give an insight into how Credit Suisse is simplifying and strengthening its Technology & Operations platforms and engineering its digital future.
more to follow
