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Trading Places: Coutts chief quits, A&O fills managing partner spot, Credit Suisse exits mount

Find out who is on the move in the City and beyond this week

Trading Places: Coutts chief quits, A&O fills managing partner spot, Credit Suisse exits mount

Allen & Overy appointed its Middle East head as interim managing partner following the shock resignation of Gareth Price earlier this month. The Magic Circle law firm said Khalid Garousha would take over as interim global managing partner, effective 1 September, for an eight-month period until 30 April 2024.

The boss of private bank Coutts announced his resignation, following CEO of parent bank NatWest Alison Rose out of the door amid a storm over the handling of Nigel Farage’s accounts. Peter Flavel stepped down by “mutual consent” with immediate effect, Coutts’ acting CEO Paul Thwaite said in a statement.

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