Bloomberg Businessweek (North America)

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

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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.

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