Credit Suisse strategy on track to be laid out this year - chairman

  • 10/1/2021
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ZURICH, Oct 1 (Reuters) - Credit Suisse remains on track to lay out its strategic overhaul after making “significant progress” in reviewing options, Chairman Antonio Horta-Osorio said on Friday. “We have made significant progress in assessing and debating the bank’s strategic options, and continue to expect to finalize our long-term vision and mid-term plan by year-end,” Horta-Osorio said in a speech broadcast for the bank’s extraordinary general meeting, in which shareholders approved the appointment of two external risk experts to the board of directors. “Once our strategy is set and announced, we will proceed to execute it relentlessly and diligently,” he said. (Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields) Our Standards: The Thomson Reuters Trust Principles.

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