CEO Change at Credit Suisse Signals Shift to Wealth Management
Naming of Prudential’s Tidjane Thiam to replace CEO Brady Dougan suggests an acceleration of efforts to deemphasize investment banking, and market welcomes the change.
Jonathan Kandell
March 11, 2015
Tidjane Thiam, chief executive officer of Prudential Plc, poses for a photograph ahead of a Bloomberg Television interview on the "Leaders Lunch" show in London, U.K., on Thursday, Dec. 11, 2014. Chancellor of the Exchequer George Osborne said the "best days will lie ahead" for the U.K. and the U.S. if they continue on the course of fiscal responsibility and active monetary and radical supply-side policies. Photographer: Simon Dawson/Bloomberg *** Local Caption *** Tidjane Thiam
Simon Dawson/Bloomberg
