The Traderszone Network

Published in TZ Latest News 27 September, 2015 by The TZ Newswire Staff

Strategies in the spotlight for trio of new European bank CEOs

Credit Suisse (CSGN.VX) Chief Executive Tidjane Thiam, Deutsche Bank’s (DBKGn.DE) John Cryan and Standard Chartered’s (STAN.L) Bill Winters are putting the final touches to their plans, which Thiam and Cryan will unveil next month and Winters is expected to deliver in early December. All have been in charge roughly 100 days – a period when new chief executives typically formulate strategy after meeting investors, regulators, politicians, customers and staff. Cryan is to cut 23,000 staff, or about a quarter of headcount, mostly from disposals, financial sources told Reuters earlier this month.