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Credit Suisse CDS jump after CEO Thiam quits

Credit: Reuters- Published on February 7, 2020
The cost of insuring exposure to debt issued by Credit Suisse jumped by 3 basis points (bps) on Friday after Chief Executive Tidjane Thiam quit amid a power struggle at Switzerland's second-biggest bank.
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Video credit: Reuters Studio
Published on February 7, 2020 -  01:18
Credit Suisse CEO quits after spying scandal
Credit Suisse CEO Tidjane Thiam quit Friday after a widening spying scandal exacerbated a power struggle at the top of the Swiss bank. Julian Satterthwaite reports.

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