Saudi National Bank chair resigns in wake of Credit Suisse loss

Saudi National Bank chair resigns in wake of Credit Suisse loss

DUBAI: 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. Ammar Al Khudairy said on March 15 that the biggest Saudi bank by assets could not buy more shares in Credit Suisse on regulatory grounds. … Read more