March 13, 2018 / 7:06 PM / 9 months ago

Credit Suisse CEO 'here to stay': FUW newspaper

FILE PHOTO - Chief Executive Tidjane Thiam of Swiss bank Credit Suisse awaits a news conference to present the company's full-year results, in Zurich, Switzerland, February 14, 2018. REUTERS/Moritz Hager

ZURICH (Reuters) - Credit Suisse Chief Executive Tidjane Thiam has no intention of stepping down, he said in an interview with Swiss newspaper Finanz und Wirtschaft published on Tuesday.

The bank last month posted its third straight annual loss but was upbeat on prospects for 2018 as it enters the last leg of Thiam’s three-year overhaul, which has drawn criticism from activist investor Rudolf Bohli.

“It is a privilege to be at the helm of Credit Suisse – I am here to stay,” he said in reply to a question on how he imagined Switzerland’s second-biggest bank five years from now.

Reporting by Silke Koltrowitz; Editing by David Goodman

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