Tidjane Thiam, Only Black CEO of a Major Bank, Resigns

BushidoBrown

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BigDaddyP said:
This. I hate to say it as a black man, but this guy was shyt and should be gone. He was never liked, drastically reduced pay within the investment bank and Credit Suisse lost a lot of long tenured people with big books of business to competitors during his tenure. Good riddance.
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say what u want about mandem but as CEO, a significant part of what he is paid to do is maximize shareholder profit and he was doing that :yeshrug:

“Tidjane has made an enormous contribution to Credit Suisse since he joined us,” said Urs Rohner, chairman of the board, in a statement. “It is to his credit that Credit Suisse is standing on a very solid foundation and has returned successfully to profit.”

Indeed, several major shareholders recently urged Credit Suisse’s board to back Mr. Thiam, who had managed to steady profit at the bank, where a drive for revenue at any cost had pushed traders to take outsize positions in risky and hard-to-sell securities.

Mr. Thiam turned Credit Suisse away from the volatility of its investment bank to embrace its more reliable wealth management division. That strategy had appeared to be working: The bank reported a doubling of profit in the third quarter of last year.
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DrBanneker

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ab.aspectus said:
And very accomplished in her own right.
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Yes, a big time lawyer and worked for Joe Biden before he was Obama's VP.
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Interesting yet sad detail though is they broke up (they have two sons too) in 2015 right before he took up Credit Suisse. Guess the culprit?:snoop:

35-year old blonde chick he met in London

F6UzH3Xi_400x400.jpg

His new girlfriend actually started beef with the wife of Iqbal Khan (the guy that was spied on) because of trees built on Thiam's yard that blocked the lakefront view. Their petty beef escalated into Thiam and Khan nearly having an altercation at the party. Now he's gone as a partial downstream result of this. I bet Annette Thiam (ex-wife) is like :devil:
 
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EA said:
There’s nothing wrong with it but it’s highly unprofessional to hire a PI for personal squabbles. Especially when you’re the CEO of the company. This is a fireable offense at any level and he was dumb enough to get caught.
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Oh you can do it alright but not when you are surrounded by people who will use it against you. Credit Suisse is ...

EDIT: very different and very much higher in profile to Insurance. He was probably too naive.
 
Ziggiy

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DrBanneker said:
Yes, a big time lawyer and worked for Joe Biden before he was Obama's VP.
n-large-16x9-far


Interesting yet sad detail though is they broke up (they have two sons too) in 2015 right before he took up Credit Suisse. Guess the culprit?:snoop:

35-year old blonde chick he met in London

His new girlfriend actually started beef with the wife of Iqbal Khan (the guy that was spied on) because of trees built on Thiam's yard that blocked the lakefront view. Their petty beef escalated into Thiam and Khan nearly having an altercation at the party. Now he's gone as a partial downstream result of this. I bet Annette Thiam (ex-wife) is like :devil:
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Goddamn idiot leaving his wife for a Cac...:snoop:
 
African Peasant

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DrBanneker said:
Yes, a big time lawyer and worked for Joe Biden before he was Obama's VP.
n-large-16x9-far


Interesting yet sad detail though is they broke up (they have two sons too) in 2015 right before he took up Credit Suisse. Guess the culprit?:snoop:

35-year old blonde chick he met in London

His new girlfriend actually started beef with the wife of Iqbal Khan (the guy that was spied on) because of trees built on Thiam's yard that blocked the lakefront view. Their petty beef escalated into Thiam and Khan nearly having an altercation at the party. Now he's gone as a partial downstream result of this. I bet Annette Thiam (ex-wife) is like :devil:
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Wow. Talking about playing yourself.

But this is a pattern I've noticed among rich cats that married their peers. At some point, they got tired of their wives not being homely enough and they end up with some ordinary secretary.

I've personally seen this a lot: rich cats that divorced their rich and respected wife to marry a broke secretary or waitress. And they seemed happier, at least in the beginning.
 
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DrBanneker said:
Yes, a big time lawyer and worked for Joe Biden before he was Obama's VP.
n-large-16x9-far


Interesting yet sad detail though is they broke up (they have two sons too) in 2015 right before he took up Credit Suisse. Guess the culprit?:snoop:

35-year old blonde chick he met in London

F6UzH3Xi_400x400.jpg

His new girlfriend actually started beef with the wife of Iqbal Khan (the guy that was spied on) because of trees built on Thiam's yard that blocked the lakefront view. Their petty beef escalated into Thiam and Khan nearly having an altercation at the party. Now he's gone as a partial downstream result of this. I bet Annette Thiam (ex-wife) is like :devil:
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She was probably sent to him to screw him over. The blonde. This is an old tactic remember The Prestige?
 
DrBanneker

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Ozymandeas said:
RIP to his son.

At least he can smile knowing Credit Suisse is in tatters. They lost billions on the Greensill Capital meltdown a few weeks ago and just lost another $4.7 billion last week on the Archegos Capital meltdown.
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Yeah those high horse Swiss bankers are eating crow right now.
 
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