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  • Norwegian wealth fund seeks Credit Suisse boardroom shake-up
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Norwegian wealth fund seeks Credit Suisse boardroom shake-up

The Bengaluru Live 2 April 2023 1 minute read
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đŸ“˜ Read this story in Kannada

Norges Bank Investment Management will vote against the re-election of Credit Suisse Chair Axel Lehmann and six other directors at the Swiss lender’s annual general meeting on Tuesday, the Norwegian wealth fund said on its website. Credit Suisse was acquired last month by rival UBS in a $3.23 billion deal engineered by the Swiss government, central bank and market regulator to avoid its collapse and possible contagion across the global financial system.

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  • Ballari Chalo Padayatra: BY Vijayendra Says BJP Will Continue Fight Until Valmiki Corporation, SCSP-TSP Funds Are Restored
  • Bengaluru Food Safety Drive: ₹5.99 Lakh Products Seized From Sweet Units, 16 Manufacturers Inspected
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  • Bengaluru Traffic, Civic Issues: Krishna Byre Gowda Meets Former Mayors, Calls for Parking Discipline and Tougher Enforcement
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