The former chairman of Credit Suisse had the company pay for empty private flights on multiple occasions,reports. An internal review of company travel found that, after António Horta-Osório moved to Zurich last spring, he flew from there to London and Lisbon on several weekends, usually disembarking on a Thursday.
The planes, paid for by Credit Suisse, would then return to Switzerland empty, fly back to Horta-Osório on Monday, and return him to Zurich, rather than waiting out the weekend. According to the, a person close to Horta-Osório said the planes were rented and not chartered for the weekends. Horta-Osório’s use of company cash for empty planes reportedly hastened his ouster from the chairmanship.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WSJ News Exclusive | Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s DownfallPrivate jets flying empty, tickets to the Wimbledon finals, and an effort to fix a deeply wounded bank. The downfall of Credit Suisse’s António Horta-Osório. I want to share this because i want others to benefit from this opportunity that Dpurplewomanfx gave to me i made $12,750 profit today after investing $2k in a week ago . I strongly recommend this trader to those who look for a stable system 👇👇 Dpurplewomanfx Sounds like he's a climate change summit enthusiast........................ You are just out of control ain't ya? Why don't u just go and have a nice day you wild thing. I'm done with you!
Source: WSJ - 🏆 98. / 63 Read more »
Credit Suisse upgrades Cloudflare to outperform, sees stock as attractive after selloffCloudflare's stock has fallen nearly 29% since the end of December, but a Credit Suisse analyst said it is set to rebound. First Reader Conincidencely ✌🏻😂
Source: CNBC - 🏆 12. / 72 Read more »
Families are in distress after the first month without the expanded child tax creditJanuary is the first month since July 2021 that more than 36 million families in the U.S. did not receive money from the expanded child tax credit program. For some, the consequences are already dire. You neglected to mention that 50 Republicans are blocking this bill. As long as the media continues to not hold Republicans to account, they will continue to do nothing. We can overcome 2 Dems, but NOT 50 Republicans & the media.
Source: WBUR - 🏆 274. / 63 Read more »
Yellen says universal pre-K, earned-income tax credit at 'core' of Build Back BetterWASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Friday said two years of universal early childhood education and an expanded income tax credit were critical components of the $1.7 trillion Build Back Better plan that is still being negotiated with Congress. U.S. President Joe Biden this week said he needs to break up the signature legislation, passing a large chunk now and other measures later in the year, after running into opposition from fellow Democrats, Senators Joe Manchin and Kyrsten Sinema. Biden on Wednesday https://www.reuters.com/world/us/biden-says-he-will-look-pass-build-back-better-elements-piecemeal-2022-01-19 cited strong support for the bill's $555 billion in climate change spending and noted that Manchin supported early childhood education, but conceded that plans to fund two years of free community college and a child tax credit would likely be dropped to ensure passage. Cruelty is the point Does she suggest the Gov schools start indoctrinating 3 and 4 year olds? Goebbels would be jealous. No
Source: YahooNews - 🏆 380. / 59 Read more »
WSJ News Exclusive | Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s DownfallPrivate jets flying empty, tickets to the Wimbledon finals, and an effort to fix a deeply wounded bank. The downfall of Credit Suisse’s António Horta-Osório. I want to share this because i want others to benefit from this opportunity that Dpurplewomanfx gave to me i made $12,750 profit today after investing $2k in a week ago . I strongly recommend this trader to those who look for a stable system 👇👇 Dpurplewomanfx Sounds like he's a climate change summit enthusiast........................ You are just out of control ain't ya? Why don't u just go and have a nice day you wild thing. I'm done with you!
Source: WSJ - 🏆 98. / 63 Read more »
Credit Suisse upgrades Cloudflare to outperform, sees stock as attractive after selloffCloudflare's stock has fallen nearly 29% since the end of December, but a Credit Suisse analyst said it is set to rebound. First Reader Conincidencely ✌🏻😂
Source: CNBC - 🏆 12. / 72 Read more »