Credit Suisse CEO Tidjane Thiam resigns after spying scandal

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Credit Suisse CEO Tidjane Thiam resigns after spying scandal
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Credit Suisse CEO Tidjane Thiam has resigned, as the bank struggles to move on from last year's spying scandal.

Hong Kong Credit Suisse CEO Tidjane Thiam has resigned, as the bank struggles to move on from last year's spying scandal.

The board of directors unanimously accepted Thiam's resignation at a meeting on Thursday, appointing Credit Suisse veteran Thomas Gottstein as the new CEO, the Swiss investment bank said in a statement Friday. Thiam will step down following the presentation of 2019's fourth quarter and annual results next week.Credit Suisse blames former executive for second spying scandal"I have agreed with the Board that I will step down from my role as CEO.

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