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New Credit Suisse CEO Says Start of Job Was `Baptism of Hearth’

Apr.23 — Credit Suisse Group AG’s new Chief Govt Officer Thomas Gottstein discusses buying and selling volumes and the beginning of his tenure. The Swiss lender is setting apart greater than $1 billion to cowl writedowns and provisions for dangerous loans, the largest such hit in additional than a decade, because the coronavirus pummels financial exercise throughout the globe. He speaks on “Bloomberg Surveillance.”