In the latest step of CEO Tidjane Thiam’s plan to restructure and address capital concerns, Credit Suisse plans to raise $4 billion through a share sale.
It its effort to recruit a CEO, AIG faces challenges due to lacklustre performance, industry volatility, and a dearth of well qualified executives.
The bank has opened a fourth ‘innovation lab’ to work with Fintech start-ups to deploy artificial intelligence, cloud, cybersecurity and other technologies.
Germany’s biggest bank is putting new strategies in place to help it better compete on Wall Street, including a shift in focus and a new US chief.
