Banks Credit Suisse’s Tough Turnaround
In October, recently hired Chief Executive Officer Tidjane Thiam proposed a plan to overhaul Credit Suisse, the second-largest Swiss bank. Investors haven't been impressed. The bank reported its biggest quarterly loss in seven years in February, and Thiam
his wife has an $11 million mansion in Beverly Hills. Gerry David, who runs an energy drink company in which Leissner is an investor, says the banker’s exit is an “opportunity to be back home with the family.” �Max Abelson and Elffie Chew
$27 The bottom line Goldman Sachs put together major deals for an opaque Malaysian fund linked to the controversial prime minister.