Senior Credit Suisse executives exit following completion of UBS takeover - reports

CFO Dixit Joshi leaves

Five of the most senior Credit Suisse executives, including the bank’s chief financial officer, will leave the firm following its completed merger with UBS.

Hours after the company confirmed it had closed the takeover of its stricken rival, UBS announced a set of management changes, according to an internal memo seen by the FT.  Among the Credit Suisse senior executives leaving the firm are CFO Dixit Joshi, general counsel Markus Diethelm, head of Asia-Pacific Edwin Low, co-head of the investment bank David Miller and co-head of markets Ken Pang. Those stepping down from the Credit Suisse executive board and moving to new roles at UBS include Francesco De Ferrari, who ran Credit Suisse's wealth management arm, and will become a senior adv...