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As well as Lewis glass against whitewash CS-VR

US voting rights advisor Glass Lewis is recommending to CS shareholders to refuse to discharge the Board of Directors and management at the next general meeting.

Credit Suisse will explicitly exclude the “Greensill” case from the scheduled discharge at the end of April. In a statement, Glass Lewis noted that the Grencelle and Archegos cases had cost the bank dearly. In the event of his dismissal, the Board of Directors and management cannot be held liable for prior deficiencies in risk management and oversight with respect to Archegos.