Oct 23 (Reuters) – Credit score Suisse Group AG’s (CSGN.S) Chief Compliance Officer Rafael Lopez is about to go away the Swiss financial institution within the coming weeks after spending little greater than a yr within the submit, Bloomberg Information reported on Sunday, citing folks accustomed to the matter.
The departure shouldn’t be related to strategic evaluate that the financial institution is anticipated to disclose this week, the report added.
Credit score Suisse is scheduled to launch particulars of a much-anticipated strategic evaluate alongside its third-quarter outcomes on Oct. 27.
Register now for FREE limitless entry to Reuters.com
Lopez was named to the submit in September final yr amid the lender’s efforts to rebuild its status after a collection of risk-management blunders.
The financial institution is making an attempt to get well from a collection of scandals, together with losses of greater than $5 billion from the collapse of funding agency Archegos final yr, when it additionally needed to droop consumer funds linked to defunct financier Greensill Capital.
Credit score Suisse declined to touch upon the report when contacted by Reuters.
Register now for FREE limitless entry to Reuters.com
Reporting by Kanjyik Ghosh in Bengaluru; Enhancing by Sherry Jacob-Phillips
: .
