| Credit Suisse
Credit Suisse
Headed by general counsel Romeo Cerutti, the legal team at Credit Suisse has had substantial contribution in recent years by successfully guiding the company through persisting challenges occurring in the banking industry. In 2015 Tidjane Thiam a former politician and businessman was appointed as CEO to help the bank navigate a time of uncertainty in the sector. In the past two years, the team has created a new compliance and regulatory affairs function, which oversees the bank’s activities at all levels to strengthen its efforts to protect its reputation at a global level. The legal team are faced with ever-changing banking regulation and enforcement in Switzerland such as the Basel III framework and the Swiss “Too Big to Fail” legislation and regulations thereunder, which include capital, liquidity, leverage and large exposure requirements, and rules for emergency plans designed to maintain systemically relevant functions in the event of threatening insolvency.