Finance
The Never-Ending Turnaround of Credit Suisse
Tidjane Thiam has spent three years pivoting the Swiss bank from Wall Street to its roots serving the world’s richest. Shareholders are still waiting for the results.
Tidjane Thiam, CEO at Credit Suisse.
Photographer: Michele Limina/BloombergTidjane Thiam is still standing.
By simply surviving as chief of Credit Suisse Group AG, the Ivory Coast-born trained engineer has done what more experienced bankers couldn’t in trying to fix Europe’s troubled banks. With a restructuring plan he masterminded coming to an end this month, Thiam’s next feat will be to prove to skeptics that a one-time consultant can do more than just cut costs.