Dougan Doubts Mount Inside Credit Suisse as Stock Slides

by Wall Street Job Report on June 21, 2012

Dougan Doubts Mount Inside Credit Suisse as Stock SlidesCredit Suisse Group AG (CSGN) Chief Executive Officer Brady Dougan, caught off guard last week when the Swiss central bank said he must raise capital faster, faces mounting public criticism and dissent from employees.

A memo to staff and a call with managing directors did little to assuage concerns about the bank’s slumping share price, which hit a 20-year low on June 14, according to people familiar with the matter who asked not to be named because they aren’t authorized to speak publicly.

Read Full Article At BusinessWeek.

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