Where does the buck stop? The tribulations surrounding two bank chief executives – one just departed, the other still in post – bring this perennial question to the fore again.
On the face of it, there is clear blue water between the situation at Credit Suisse, where Tidjane Thiam has just been relieved of his chief executive role, and at Barclays, where CEO Jes Staley is the subject of his second regulatory probe.
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Tidjane Thiam |
Thiam was publicly exonerated – by none other than chairman Urs Rohner – of any personal involvement in spying on Credit Suisse employees.
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