Saudi National Bank chair resigns in wake of Credit Suisse loss

Saudi National Bank chair resigns in wake of Credit Suisse loss

FILE PHOTO: The logo of Swiss bank Credit Suisse is seen in front of a branch office in Bern, Switzerland November 29, 2022. REUTERS/Arnd Wiegmann

The chairman of top Credit Suisse shareholder Saudi National Bank (SNB) has stepped down less than two weeks after making comments blamed for contributing to the Swiss lender’s demise.

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