Credit Suisse boss Horta-Osorio resigns


January 17, Fineko/ The chairman of global banking giant Credit Suisse, Antonio Horta-Osorio, has resigned.

ABC.AZ reports that he took this step after an internal investigation launched against him in connection with his trips and personal expenses.

"I regret that a number of my personal actions have led to difficulties for the bank and compromised my ability to represent the bank internally and externally. I therefore believe that my resignation is in the interest of the bank and its stakeholders at this crucial time," Mr Horta-Osorio emphasized.

He was replaced by Axel Lehmann.