Advertisement
Canada markets closed

  • S&P/TSX

    22,290.62
    +31.15 (+0.14%)
     

  • S&P 500

    5,187.70
    +6.96 (+0.13%)
     

  • DOW

    38,884.26
    +31.99 (+0.08%)
     

  • CAD/USD

    0.7282
    -0.0039 (-0.53%)
     

  • CRUDE OIL

    78.37
    -0.01 (-0.01%)
     

  • Bitcoin CAD

    86,298.66
    -868.75 (-1.00%)
     

  • CMC Crypto 200

    1,306.81
    -58.31 (-4.27%)
     

  • GOLD FUTURES

    2,322.80
    -1.40 (-0.06%)
     

  • RUSSELL 2000

    2,064.65
    +3.97 (+0.19%)
     

  • 10-Yr Bond

    4.4630
    -0.0260 (-0.58%)
     

  • NASDAQ futures

    18,202.00
    +2.50 (+0.01%)
     

  • VOLATILITY

    13.23
    -0.26 (-1.93%)
     

  • FTSE

    8,313.67
    +100.18 (+1.22%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • CAD/EUR

    0.6771
    -0.0021 (-0.31%)
     

Credit Suisse expected to announce Koerner as CEO, replacing Gottstein - sources

Reuters
FILE PHOTO: The logo of Swiss bank Credit Suisse is seen in Zurich

NEW YORK (Reuters) - Credit Suisse Group AG is expected to announce Ulrich Koerner as its new chief executive officer, replacing Thomas Gottstein, two sources familiar with the situation said on Tuesday.

Pressure has been mounting on Gottstein for months over major scandals and losses racked up during his two-year tenure that have hammered shares and angered investors.

(Reporting by Oliver Hirt in Zurich; writing by Megan Davies; editing by Chris Reese)