Credit Suisse chief, architect of new strategy, quits over COVID-19 breaches

Credit Suisse will stick to its strategic overhaul despite the abrupt departure of its mastermind Antonio Horta-Osorio following an internal probe into his personal conduct, including breaches of COVID-19 rules, the bank's new chairman said on Monday. Horta-Osorio leavesless than nine months after he joined the bank to help it deal with the implosion of investment firm Archegos and the insolvency of British supply chain finance company Greensill Capital, while it was still reeling from the 2020 exit of CEO Tidjane Thiam over a spying scandal.