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Credit Suisse chair resigns

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Antonio Horta-Osorio, chair of Credit Suisse, has resigned.

The move follows an investigation commissioned by the Swiss bank's board. The probe reportedly looked into claims that he broke COVID-19 rules.

In a statement issued by Credit Suisse, Horta-Osorio said "a number of my personal actions have led to difficulties for the bank and compromised my ability to represent the bank internally and externally."

Read more from CNN Business.

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