• <a fr-original-style="" href="https://www.reuters.com/business/credit-suisse-chairman-horta-osorio-resigns-over-covid-19-breaches-2022-01-17/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Credit Suisse Chairman António Horta-Osório resigned</a> over breach of Covid-19 measures less than a year after he was appointed to boost investors' trust in the bank, which had been marred by failed investments in Archegos and Greensill Capital.<img src="https://images.aposto.com/2022/0/2/1642469590230.jpeg" style="display: block; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.67" width="550" alt="Antonio Horta-Osorio" fr-original-style="display: block; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via The Guardian<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Backstory: Horta-Osório's time at Switzerland's second-largest bank was rocky as during his tenure Credit Suisse reported a 21% fall in its Q3 profit last year and warned of a loss for the Q4 of 2021.</li><li fr-original-style="" style="box-sizing: border-box;">Looking ahead: Credit Suisse will continue Horto-Osório's ambitious plan to reel the bank into safer waters, said Axel Lehmann in his first address to the press after being appointed the new chairman.</li></ul>

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