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Credit Suisse replaces head of global markets

Timothy O'Hara leaves after 10 months running the bank's largest division

Published Thu, Sep 8, 2016 · 09:50 PM

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    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 based in New York, will take over the global markets unit, becoming one of 11 managers on Mr Thiam's executive board, the Zurich-based bank said in a statement.

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