Credit Suisse CEO Brady Dougan told a Swiss publication that he has no plans to quit after the lender pleaded guilty to a US criminal charge.
Asked in an interview with Sonntagsblick if he had thought about leaving the bank, Dougan said: "No. I have been working nearly 25 years for this bank, I’m committed to Credit Suisse, its customers, its staff, its shareholders."
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He added that his bank would not need a capital increase despite agreeing to pay a US$2.5 billion penalty to US authorities for aiding wealthy American citizens evade taxes.
The deal left big questions remaining over the bank’s short-term capital position and its longer term leadership under Brady Dougan and Urs Rohner.
Swiss lawmakers have been among those calling for Dougan and other executives to resign.
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