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Credit Suisse Sacks Bankers in Alleged Assault
Credit Suisse has sacked two London bankers following a renewed investigation into eight-year-old assault allegations brought by a female staffer, finews.com has learned. The Swiss bank has let go two unnamed bankers at its London office, a source...
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Has #MeToo Reached Swiss Banking?
The #MeToo movement has put top executives on notice. Has the movement led to changes in the notoriously male-dominated banking industry? finews.asia investigates. The movement known under the hashtag #MeToo has rattled almost every business industry,...
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Credit Suisse Shuffles Management
Credit Suisse is shaking up its top management following a three-year restructuring under CEO Tidjane Thiam. The Zurich-based bank is making a series of changes to its top management. The most notable is that two top executives – risk boss Jo Oechslin...
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«Summer Bash» Banker Out at CS
A Credit Suisse mergers-and-acquisitions banker accused on a blog of manhandling interns at a party hosted by the Swiss bank has left. The rumor spread like wildfire from Credit Suisse's Madison Avenue U.S. headquarters in New York via U.S. investment...
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Investment Banking: Another Red Line Crossed
An incident at Credit Suisse is pushing the issue of macho culture, which investment banks are seeking to stamp out, back into the spotlight. finews.com looks at where the no-tolerance policy stands. The incident began as a silly season rumor, but...
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Credit Suisse: Zero Tolerance, or Both-Siderism?
A ten-year-old harassment case at Credit Suisse – once upheld as an example of zero tolerance – is emblematic of how Wall Street's culture is still fraught with opposing interests. Veteran finance writer William Cohan said it took more than two years...
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UBS «Deeply Upset» by Rape Claim
UBS will review its policy regarding sexual harassment after an alleged rape claim by a trainee at its London-based investment bank. The bank is reviewing its policy on this type of harassment after one of its female employees in London accused one of...
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Iris Bohnet: «Diversity Training Doesn't Work»
Harvard professor and Credit Suisse board member Iris Bohnet, spoke to finews.com, about how companies can become more diverse. As the workforce gradually returns to the office, behavioral economist Iris Bohnet is watching closely who will be reaping...
