Dougan appointed Credit Suisse group CEO

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Brady Dougan, chief executive of Credit Suisse's investment banking division, has been appointed successor to Oswald Grubel as the group's chief executive. Grubel plans to retire at Credit Suisse's annual general meeting on May 4. Grubel, who has been sole chief executive of Credit Suisse Group since July 2004, says: "My tenure as chief executive officer has been very satisfying, with the transformation of Credit Suisse into a global integrated bank under a single brand." He adds that Dougan

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