Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround

Reuters2021-07-27

ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Kimjonggreg
2021-07-27
Kimjonggreg
Gd
Kimjonggreg
2021-07-27
Kimjonggreg
Good
ngiam
2021-07-27
ngiam
very happy
ngiam
2021-07-27
ngiam
very informative
Thomas9413
2021-07-27
Thomas9413
Great
WMIING
2021-07-27
WMIING
Like and comment ty
- Huathk:
  Gd
- Pltretard:
  Done
- Chillman:
  Like pls
- Nikkitan:
  Done too

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2154996657?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-27 14:18","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2154996657","market":"us","top_or_hot":-1,"title":"Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround","media":"Reuters","content":"<div>\n<p>ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 14:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GS","symbol_name":"高盛","start_time":0,"source_url":"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html","article_id":"2154996657","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2154996657","pubTimestamp":1627366688,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as it","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GS":"高盛"},"translate_title":"瑞士信贷任命高盛的Wildermuth领导风险扭转","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CS":0.9,"GS":0.9},"content_text":"ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that have rocked Switzerland's second-biggest bank.\n\"I am delighted to welcome David to Credit Suisse, where he will help shape the Group's enhanced risk management framework, an essential part of the bank's strategic realignment currently underway,\" Chairman Antonio Horta-Osorio said in a statement.\nSwitzerland's second-biggest bank has cut risk after its prime brokerage business lost more than any other competitor from the collapse of family office Archegos, and as its asset management division scrambles to return some $10 billion of client investments linked to insolvent supply chain finance firm Greensill.\nThose scandals have prompted a swathe of sackings, executive changes and regulatory investigations, as well as a planned strategic overhaul which Horta-Osorio has said is to place risk and cultural change as a top priority.\nFormer Chief Risk and Compliance Officer Lara Warner was one of the high-level casualties, replaced on an interim basis by Joachim Oechslin, who the bank said will resume his role as strategic advisor to the CEO.\nWildermuth, a 24-year veteran of the U.S. financial giant, was appointed deputy chief risk officer at Goldman Sachs in 2015 and has been a partner since 2010.\n\"David joins with an impressive track record, underlining our firm commitment to further enhance our risk management across the bank,\" Credit Suisse CEO Thomas Gottstein said in the statement. \"He is the right person to lead and further strengthen our risk organization.\"\nWildermuth will assume the role on February 1, 2022 at the latest, the Swiss bank said. (Reporting by Brenna Hughes Neghaiwi, editing by Kirsti Knolle and Silke Koltrowitz)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":809677375,"gmtCreate":1627369751197,"gmtModify":1703488540367,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809677375","repostId":2154996657,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809677078,"gmtCreate":1627369733194,"gmtModify":1703488540043,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809677078","repostId":2154996657,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809646580,"gmtCreate":1627368823140,"gmtModify":1703488520039,"author":{"id":"4090053110786300","authorId":"4090053110786300","name":"ngiam","avatar":"https://static.tigerbbs.com/3904da485ed24b7cda11b966463650b7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4090053110786300","authorIdStr":"4090053110786300"},"htmlText":"very happy&nbsp;","listText":"very happy&nbsp;","text":"very happy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809646580","repostId":2154996657,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809648247,"gmtCreate":1627368769389,"gmtModify":1703488518404,"author":{"id":"4090053110786300","authorId":"4090053110786300","name":"ngiam","avatar":"https://static.tigerbbs.com/3904da485ed24b7cda11b966463650b7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4090053110786300","authorIdStr":"4090053110786300"},"htmlText":"very informative&nbsp;","listText":"very informative&nbsp;","text":"very informative","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809648247","repostId":2154996657,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809622958,"gmtCreate":1627367442074,"gmtModify":1703488490907,"author":{"id":"3585385605908328","authorId":"3585385605908328","name":"Thomas9413","avatar":"https://static.tigerbbs.com/effcfaa82ddb11a4fa57136b2a6f8351","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":1,"crmLevelSwitch":0,"idStr":"3585385605908328","authorIdStr":"3585385605908328"},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809622958","repostId":2154996657,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809621650,"gmtCreate":1627367208270,"gmtModify":1703488487165,"author":{"id":"3554213821224025","authorId":"3554213821224025","name":"WMIING","avatar":"https://static.tigerbbs.com/39217f40d9dc4a9a15fac00f34f63d83","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3554213821224025","authorIdStr":"3554213821224025"},"htmlText":"Like and comment ty","listText":"Like and comment ty","text":"Like and comment ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/809621650","repostId":2154996657,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5343830,"gmtCreate":1627368297499,"gmtModify":1663231560244,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809621650,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"},{"id":5343766,"gmtCreate":1627367638014,"gmtModify":1663231558647,"authorId":3575710348995261,"author":{"id":3575710348995261,"idStr":"3575710348995261","authorId":3575710348995261,"name":"Pltretard","avatar":"https://static.tigerbbs.com/20d7e9e6ca27ec0b458dcd81b8f9909f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809621650,"type":1,"supId":5343737,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":5343737,"gmtCreate":1627367355060,"gmtModify":1663231558433,"authorId":3558275010133966,"author":{"id":3558275010133966,"idStr":"3558275010133966","authorId":3558275010133966,"name":"Chillman","avatar":"https://static.tigerbbs.com/26d692768260a0369516e9c9a49897ec","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.19","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809621650,"type":1,"supId":0,"prevId":0,"content":"Like pls","text":"Like pls","html":"Like pls"},{"id":5344177,"gmtCreate":1627371000501,"gmtModify":1635220455017,"authorId":3582070187752779,"author":{"id":3582070187752779,"idStr":"3582070187752779","authorId":3582070187752779,"name":"Nikkitan","avatar":"https://static.tigerbbs.com/c315a69950c5ba47ea8cbcb8b0c6edb4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809621650,"type":1,"supId":0,"prevId":0,"content":"Done too","text":"Done too","html":"Done too"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":24,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2154996657"}