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17.10.22

Credit Suisse Investment Bank CEO Meissner Set to Leave Lender

Credit Suisse Investment Bank CEO Meissner Set to Leave Lender Announcement planned with strategic update on Oct. 27 Executive became investment-bank chief after Archegos blowup. Credit Suisse Group AG’s investment bank chief Christian Meissner is set to leave the company in the coming weeks, amid a broad overhaul of the group that will likely see the unit cease to exist in its current form. An announcement on his departure is expected to be made on Oct. 27 alongside the bank’s strategic review, people familiar with the matter said. The banker, who has been focusing on the overhaul of the investment bank is looking at options including starting his own advisory firm or joining another institution next year, the people said, declining to be identified as the details are private.