Saudi official who sparked global panic over Credit Suisse resigns
The Guardian|March 28, 2023
The chair of the Saudi National Bank has resigned for “personal reasons” less than two weeks after his comments spurred investor panic over Credit Suisse that ended in an emergency takeover by its larger Swiss rival, UBS.
Kalyeena Makortoff
Saudi official who sparked global panic over Credit Suisse resigns
 

The Saudi National Bank (SNB), which was Credit Suisse’s largest shareholder, announced yesterday that it had accepted Ammar Al Khudairy’s resignation, and that he would be immediately replaced by its chief executive.

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