Former President Donald Trump pleaded not guilty to 34 felony charges in a New York court on Tuesday. The charges include four counts of tax fraud, ten counts of false business records, four counts of bank fraud, and sixteen counts of defrauding the creditors of his own businesses. Trump’s legal team is hoping to have the charges dropped as they argue that the former president cannot be charged while in office, as he was at the time of these events.
Credit Suisse also held their last Annual General Meeting (AGM) on Tuesday, with shareholders voicing their concern over the bank’s financial performance and its decision to cut dividends. Credit Suisse chairman Urs Rohner apologized to investors, admitting that the bank’s performance had been far from perfect.
HSBC shareholders in Hong Kong were also angered by the company’s decision to acquire the UK business of Silicon Valley Bank (SVB). The purchase reportedly cost the bank over $4 billion, making it one of HSBC’s biggest acquisitions in recent years. Shareholders were particularly critical of the purchase, claiming that their own money was being spead too widely.
Credit Suisse is a global financial services company, operating in more than fifty countries around the world. It is one of the largest banks in Switzerland, and offers a wide array of services in wealth management and investment banking.
Urs Rohner is the Chairman of Credit Suisse, having taken on the role in 2011. Rohner also serves as Chairman of the Board of Directors at Givaudan, a leading Swiss flavour and fragrance company. Prior to his current roles, Rohner held various positions at the UBS Group and Novartis over the past two decades.
. Credit Suisse is a global financial service & Urs Rohner is its Chairman.){kind=link}