Bloomberg Businessweek

Investment Banking Credit Suisse Billionaires

Tidjane Thiam is turning the bank from Wall Street to serving the world’s wealthy

Tidjane Thiam is still standing. By simply surviving as chief executive officer of Credit Suisse Group AG, he’s 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 former consultant can do more than just cut costs.

Even after he spent three years weaning the Swiss bank off its obsession with Wall Street and remaking it into a go-to lender for the super rich, investors aren’t buying what he’s selling. Among 39 European bank shares tracked by Bloomberg, Credit Suisse’s stock price performance is fourth from

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