De Ferrari welcomed back into the Credit Suisse fold

Source: Reuters

This follows a raft of appointments to its executive board as the Swiss bank seeks to move on from a torrid year during which it was battered by a stream of controversies and losses.

AMP recruit

De Ferrari, who worked at Credit Suisse between 2002 and 2018, joins after a stint leading Australian wealth-management company AMP.

His appointment comes after Credit Suisse announced a new strategy to curb its investment bankers and plough money into looking after the fortunes of the world's rich.