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Credit Suisse replaces head of global markets

Timothy O'Hara leaves after 10 months running the bank's largest division
Friday, September 9, 2016 - 05:50

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Mr Thiam has announced two restructuring plans since taking over in July 2015, eliminating thousands of jobs and risky investments to shift away from securities trading.

Zurich

CREDIT Suisse Group AG's Timothy O'Hara is leaving after 10 months running the bank's largest division and will be replaced by a deputy who leads the trading unit that blindsided chief executive officer Tidjane Thiam with losses earlier this year.

Brian Chin, a 39-year-old

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