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Credit Suisse chief executive Gottstein says bank is ‘reviewing’ Russia

Banks are increasingly unveiling plans to exit Russia

Thomas Gottstein, chief executive of Credit Suisse. The Swiss bank, has not yet decided to follow other banks by reversing course on Russia and winding down its operations
Thomas Gottstein, chief executive of Credit Suisse. The Swiss bank, has not yet decided to follow other banks by reversing course on Russia and winding down its operations Photo: Chris J. Ratcliffe/Getty Images

Credit Suisse chief executive Thomas Gottstein said that the bank is "reviewing" the situation in Russia, but has not yet decided to exit the country after it attacked Ukraine.

The Swiss bank, which has around 125 people in Moscow, has not yet decided to follow other banks by reversing course on Russia and winding down its operations, he said at Morgan Stanley European Financials Conference on 15 March.

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