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Credit Suisse senior executive Eric Varvel likely to leave – FT

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Posted on December 17, 2021

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· Last updated: January 28, 2026

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Credit Suisse's Eric Varvel Expected to Depart Over Disagreements

(Reuters) – Eric Varvel, chairman of Credit Suisse’s investment bank, is in discussions to leave the company, the Financial Times reported on Thursday, citing people briefed on the matter.

Varvel, who is also the head of its U.S. holding company, is likely to leave owing partly to his disagreement with Credit Suisse’s new chair Antonio Horta-Osario, FT said, citing one of the people.

Credit Suisse did not respond to Reuters’ request for comment sent outside business hours.

(Reporting by Vishal Vivek in Bengaluru; Editing by Rashmi Aich)

Key Takeaways

  • Eric Varvel, chairman of Credit Suisse's investment bank, may leave.
  • Disagreements with new chair Antonio Horta-Osario are a factor.
  • The Financial Times reported the potential departure.
  • Credit Suisse did not comment on the situation.
  • Varvel also heads the U.S. holding company.

Frequently Asked Questions

What is the main topic?
The article discusses the potential departure of Eric Varvel from Credit Suisse due to disagreements with the new chair.
Who is Eric Varvel?
Eric Varvel is the chairman of Credit Suisse's investment bank and head of its U.S. holding company.
Why is Eric Varvel likely to leave?
He is likely to leave due to disagreements with Credit Suisse's new chair, Antonio Horta-Osario.

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