“Horta-Osorio took over as chairman of Switzerland’s second-biggest lender in April last year, with a mission to clean up its corporate culture. Horta-Osorio, who was found to have committed multiple breaches of Covid-19 quarantine requirements in the U.K. and Switzerland, will be replaced by UBS executive Axel P. Lehmann.”
CNBC
January 17, 2022
“I think the job at hand for Credit Suisse (is) … to repair its risk management, to repair its reputation […] can it retain its talent?”
Click on Read More (below) for more contents (No Paywall).
Reputation is a named peril/hazard for liquidity risk because in banking, reputation and trust are inseparable.
Click on the highlighted text for a broader view of reputation risk case studies and reputation premium; or to explore additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution. Learn about our services here.
Are ESG insurance or reputation insurance part of your strategy?