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Wednesday, April 7, 2010 as of 11:14 AM ET

Brady Dougan

Brady Dougan

Brady W. Dougan (born 1959) is an American business executive. He is the Chief Executive Officer (since May 2007) of Credit Suisse.

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Credit Suisse CEO Considers Sharp Franc Rise Unlikely

Loan loss provisions for Swiss companies have come down despite the strong Swiss franc, providing evidence that the countries' companies have coped well so far with the strong Swiss franc, Credit Suisse (CS) Chief Executive Brady Dougan said Monday.

"Corporate Switzerland is more diverse than people think," Dougan said at a conference for investors in New York, hosted by Deutsche Bank.Of course there are exporters who find it harder to sell abroad when the franc is strong, but importers of goods benefit, and there are many companies with limited currency exposure in either direction.The Swiss National Bank drew a line in the sand at CHF1.20 against the euro last September which brought down volatility and kept franc strength in check, he added."If you had a dramatic strengthening of the Swiss franc, which we think is unlikely, you would of course see an impact," he said. But added that "we feel good about corporate Switzerland."He also reiterated that the bank, Switzerland's second-larg...

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  1. Credit Suisse cuts 1,500 jobs, shrinks investment bank

    By Emma Thomasson and Katharina BartCredit Suisse <CSGN.VX> will cut another 1,500 jobs and scale back its capital-guzzling investment banking business as it seeks t...

  2. Credit Suisse hiring binge pays off as Barclays wilts

    By Emma Thomasson and Steve SlaterZURICH/LONDON (Reuters) - A hiring spree helped Credit Suisse <CSGN.VX> post record first-quarter investment banking revenue, outpa...

  3. UBS boss first major bank CEO to waive 2010 bonus

    By Martin de Sa'Pinto and Sarah WhiteWhile the Swiss bank has succeeded in stemming wealth management outflows -- one of Gruebel's stated priorities -- and returned ...

  4. European banks confident on Basel III

    By Lionel Laurent and Steve SlaterPARIS, Sept 29 (Reuters) - The heads of top British andFrench banks Barclays, BNP Paribas and Societe Generale saidthey could meet ...

  5. C.Suisse prepared for Swiss top-up to Basel III-CEO

    (adds details, background)ZURICH, Sept 29 (Reuters) - Credit Suisse will be able tostick to its growth and dividend plans despite stricter globaland domestic capital...

  6. ANALYSIS-UBS CEO Gruebel could teach CS pupil Dougan a lesson

    By Jason Rhodes and Martin de Sa'PintoZURICH, Sept 1 (Reuters) - Battle-scarred UBS boss Oswald Gruebel's strength in the face of adversity could give his bank the e...

  1. AT A GLANCE: Shareholders Vent At European Financial Services AGM

    THE EVENT: Shareholder anger has erupted in the European financial services sector, with investors expressing increasing resistance to what they consider excessive e...

  2. One Third Of Credit Suisse Shareholders Vote Against Compensation Report

    Credit Suisse Group AG (CS) shareholders showed their concern about executive pay Friday with a third voting against accepting the company's compensation report.Pay ...

  3. Report: Credit Suisse May Cut 5,000 Jobs

    Swiss banking giant Credit Suisse (NYSE:CS) reportedly plans to slash up to another 5,000 investment-banking jobs amid shareholder pressure to rein in expenses.Accor...

  4. Credit Suisse CEO Dougan Takes Sharp Pay Cut In 2011

    Credit Suisse's (CS) Brady Dougan took one of the biggest hits in his 2011 paycheck of any chief executive at a major global bank, the Swiss bank's annual report rev...

  5. Credit Suisse Making Progress In Resolving US Tax Issue - CEO

    Credit Suisse Group AG (CS) has made progress in recent weeks toward resolving the U.S. tax matter and is continuing to work with authorities to resolve it, Chief Ex...

  6. Credit Suisse Swings To a Fourth-quarter Loss

    Credit Suisse Group AG on Thursday swung to a loss in the fourth quarter amid "adverse" market conditions and as it took charges related to cost-cutting. Credit Suis...

  7. Credit Suisse Confirms 1,500 Job Cuts Coming

    Credit Suisse (NYSE:CS) will cut another 1,500 jobs as it tries to restructure its costly investment bank to meet tough new regulations and rebound from what was a d...

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