Credit Suisse boss to join UBS board after rescue takeover closes

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It comes amid speculation that Francesca McDonagh, former chief executive of Bank of Ireland, will retain her role at Credit Suisse post-takeover

UBS said the boss of Credit Suisse will join its board after it closes its rescue takeover of the Swiss banking rival.

It is part of a major leadership reshuffle two months after the Government-led rescue takeover of Credit Suisse in a 3.25 billion US dollar deal by UBS. The news comes amid speculation that Credit Suisse’s top three executives - including Francesca McDonagh, the former chief executive of Bank of Ireland ...

 

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