Credit Suisse struggles to move on from spying crisis

Linda J. Dodson

Bosses including Thiam were cleared of having any knowledge of the botched spy operation following an internal probe which pinned the blame on Thiam’s key lieutenant, former operating chief Pierre-Olivier Bouée, who quit last year after an internal investigation concluded that he issued the surveillance in order to protect the […]

Metro Bank needs some big ideas to move on up

Linda J. Dodson

Unfortunately Metro’s half-year results were a blizzard of bad news, with seemingly all of the numbers going in the wrong direction. There was the £112m provision for bad loans, pushing it to what one analyst called an “eye-watering” £241m pre-tax loss. Its net interest margin, a key measure of profitability, […]