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Walmart's internal systems had more than a dozen "major incidents" in the last two months alone. An additional two major incidents occurred this past weekend, the person said. Walmart's global technology platform runs the retailer's core business operations, including in-store point-of-sale systems, e-commerce, and distribution and fulfillment centers. Internal emails obtained by BI show that Walmart's business is interrupted by issues with its global tech platform at a far more frequent rate than previously reported. Last year, Walmart spent $11.8 billion on supply chain, customer-facing initiatives, and technology, according to a recent SEC filing, up from $9.2 billion the year before.
Persons: Mark Cohen, Daniel McCarthy, Jessica Ramírez, Jane Hali, " Ramirez, Cohen, Ellen Thomas Organizations: Walmart's, Business, BI, Walmart, Street, Amazon, SEC, Columbia Business School, Emory, Goizueta Business
Opinion: The one thing Biden and Trump agree on
  + stars: | 2024-03-10 | by ( Richard Galant | ) edition.cnn.com   time to read: +17 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. That reference to Election Day is perhaps the only line in Trump’s speech that President Joe Biden would agree with. In another America, they would be collegial members of the Presidents Club, bonding over memories of how they overcame their thorniest challenges. “Biden sounded like he’s ready to go toe to toe with former President Donald Trump and win in November. Paul Sracic noted that Biden lost White voters without college degrees by 35 points in 2020.
Persons: CNN — “, Donald Trump, Joe Biden, Franklin D, Biden, , Lincoln, Roosevelt’s, Trump, Joe Biden’s, , Jill Filipovic, Clay Jones, David Gergen, Daniel McCarthy, , ” “ Biden, Ronald Reagan, Bill Clinton, wasn’t, ” Carrie Sheffield, ” Sheffield, “ Joe Biden, Roxanne Jones, “ Biden, Julian Zelizer, White, Paul Sracic, MAGA, Keith L, Magee, Patrick T, Brown, Dobbs, Roe, Wade, , Bill Bramhall, Nick Anderson, Manisha Sinha, ” “, Abraham Lincoln, SCOTUS, Anderson, ” Sinha, Frida Ghitis, David Mark, Trump Drew Sheneman, CNN “, Cupp, Hillary Clinton, “ deplorables, ” Cupp, Bill McGuire, Jason Momoa, Ed Mierzwinski, Elena Sheppard, Kara Alaimo, It’s, Euny Hong, Greta Gerwig’s, Sandra, O’Connor, Jason Kelce, Matt Rourke, Jason Kelce’s, Amy Bass, “ Kelce, ” Bass, Jason, ” Dana Summers, Errol Louis, Liam Kerr, Sinema, Richard Salgado, Levinson Moriarty, Celine Song, Greta Gerwig, Barbie, Justine Triet, Alberto Rodriguez, Jaap Buitendijk, Kate Green, “ Oppenheimer, Noah Berlatsky, “ Barbie, “ It’s, ” Berlatsky, Barbie ’, Bradley Cooper’s, Maestro ’, Christopher Nolan’s ‘ Oppenheimer, clichés, Alexander Payne’s ‘, Organizations: CNN, Super, GOP, Trump, Union, Presidents Club, , Democratic, Twitter, Agency, Tribune, Supreme, Republican Party of, MSNBC, Consumer Financial, US Chamber of Commerce, US, Jason Kelce Philadelphia Eagles, Monday, Pro, Bowl, White, Warner Bros, Everett, Getty Locations: America, Joe Biden’s State, Trump, Washington, United States, Civil, American, New York City, Chicago, Denver, , Paris, France
Opinion: Biden gave the speech of his life
  + stars: | 2024-03-08 | by ( Opinion Cnn Contributors | ) edition.cnn.com   time to read: +29 min
CNN —CNN Opinion asked political and policy contributors to weigh in on President Joe Biden’s State of the Union address. David Gergen: Biden just rewrote the presidential racePresident Joe Biden not only delivered perhaps the best speech of his life last night; he may have also changed the race itself. Roxanne Jones: Biden finally sounds like he’s ready to fightPresident Joe Biden finally has my attention. At the end of his speech, Biden reminded voters that he “grew up among working people” in Scranton. In his State of the Union speech, Biden had to answer the mail on all of these.
Persons: Joe Biden’s, David Gergen, Biden, Joe Biden, , Carrie Sheffield, Carrie Sheffield Barry Morgenstein, Donald Trump’s, pandered, Sophia A, Nelson, Trump, Sen, Andrew, , Donald Trump, Harris, Daniel McCarthy, Trump President Joe Biden, Daniel McCarthy Biden, Ronald Reagan, Bill Clinton, wasn’t, he’s, haven’t, Cori Bush, Rashida Tlaib, Bernie Sanders, Nikki Haley, Trump couldn’t, Reagan, Roxanne Jones, ” Biden, Smart, Jill Filipovic, Mike Johnson, David A, Vladimir Putin, Putin, ” David A, Benjamin Netanyahu, , SubStack’s, Paul Sracic, It’s, White, Paul Sracic Arne Hoel It’s, Hillary Clinton, Joe, ” Paul Sracic, Raul A, Reyes, ” Raul A, Marjorie Taylor Greene’s, Laken Riley, Mark Zandi, Mark Zandi Moody's, Ana Marie Cox, Ana Marie Cox Faith Fonseca, Biden’s, Dobbs, Roe, Wade, Peter Bergen, George W, Bush, Vladimir Putin’s, , beefed, Gazans Organizations: CNN, David Gergen CNN, Union, Harvard Kennedy School, Gallup, NATO, Democratic, Republicans, Trump, Independent Women’s, United States Senate, Biden, Congressional, Trump President, South Carolina Gov, GOP, Republican, Conservative, The Spectator, Syndicate, Big Pharma, Companies, American, Democrats, Twitter, NATO —, Israel, New York Times, CBS News, Democratic Party, United Auto Workers, Youngstown State University, Hudson Institute, Reyes CNN, Border Patrol, Georgia, ” Progressives, Pew Research Center, White, USA, Moody’s Analytics, Ana Marie Cox Faith, Jackson, Peter Bergen CNN, US Senate, New, Arizona State University Locations: Joe Biden’s State, America, United States, State, Gaza, Israel, New York, Ukraine, , American, China, Iran, Europe, Asia, Chicago, Scranton , Pennsylvania, Belvidere , Illinois, Scranton, Claymont , Delaware, Delaware, Ohio, Washington , DC, Georgia, Alabama, Austin, Iraq, New America
To start with, who are the Republican voters that Trump will have the most trouble getting to the polls in November? In South Carolina, it was 36% of voters in the Republican primary (and Trump won 18% of them). In New Hampshire, it was 46% (and Trump won 22% of them). Biden won four of 2020’s battleground states by 2% or less, and Trump won North Carolina, the closest battleground state in which he prevailed, by just a little over a point. Her effort isn’t harmless, however: It does force the Trump campaign to spend money that could otherwise be put toward taking on Biden.
Persons: Daniel McCarthy, Nikki Haley, Donald Trump, there’s, Joe Biden, Dean Phillips, Marianne Williamson —, Phillips, Williamson, Biden, Haley, Trump, John Kasich, Sen, Ted Cruz, Hillary Clinton, Bernie Sanders of, Clinton, it’s, battlegrounds, Haley’s Organizations: Conservative, The Spectator, Syndicate, CNN, Republican, United Nations, GOP, Trump, Democratic, Dean Phillips of Minnesota, Democratic Party, Ohio Gov, North, Twitter, Facebook, Biden Locations: Washington , DC, Michigan, Ted Cruz of Texas, New Hampshire, South Carolina, Bernie Sanders of Vermont, North Carolina
Opinion: What could fall apart after Trump’s victory
  + stars: | 2024-01-28 | by ( Richard Galant | ) edition.cnn.com   time to read: +13 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —In 2018, Irish journalist Fintan O’Toole proposed the “Yeats Test” to determine how bad things are in the world. Although … Haley is the last contender standing between former President Donald Trump and the Republican nomination…most Republican voters do not want an alternative to Trump; they overwhelmingly back him. Polling shows Trump even leads Haley in her home state of South Carolina.”Haley’s quest is going nowhere, wrote Daniel McCarthy. Join us on Twitter and FacebookTrump’s election-night needling of South Carolina Sen. Tim Scott, who endorsed the president over Haley, stood out.
Persons: Fintan O’Toole, Yeats, ” O’Toole, Donald Trump, , William Butler Yeats, Mitch McConnell’s, Trump, doesn’t, Joe Biden, Clay Jones, Nikki Haley, , Raul Reyes, … Haley, Haley, Daniel McCarthy, Ron DeSantis, , Paul Begala, South Carolina Sen, Tim Scott, Tim, ” Trump, Scott, E, Jean Carroll, Ana Marie Cox, Carroll —, Julian Zelizer, — Trump, ” Bill Bramhall, Biden, Douglas, Bruce A, Willis, John Avlon, Dean Obeidallah, Jon Stewart, Bill Burns, Lishay Lavi, Omri Miran, Roni, Alma, ” Lavi, ” Barbie, Oscar Bill Bramhall, New York Daily News Sara Stewart, Barbie ”, “ Tuesday’s Oscar, ‘ Barbie, Greta Gerwig, Margot Robbie, Barbie, it’s, Brad Meltzer, Ken, , Hannah Ryan, Barbie ’, Sofia Coppola’s ‘ Priscilla ’, Priscilla Presley’s, Elvis —, Molly Manning Walker’s, Ava DuVernay’s, Noah Berlatsky, Dr, Strangelove ”, Peter Bergen, Elena Sheppard, Kyte, Nick Anderson, Narges Mohammadi, Jennifer Tucker, Wayne LaPierre, Erik German, Frida Ghitis, Elon Musk, Jill Filipovic, millennials, David S, Cohen, Greer Donley, Rachel Rebouché, David Mark, , Lisa Benson, Suzanne Plunkett, Michelle Francl didn’t, Rosa Prince, You’re, you’ll Organizations: CNN, GOP, Republican, Trump, Polling, Florida Gov, Republican Party, , Twitter, Facebook, New York Daily, CIA, New York Daily News, Warner Bros, Warner Bros ., Academy, Counterpoint, NRA, Harvard, Bryn Mawr College, Boston Harbour Locations: Irish, , Ukraine, New Hampshire, South Carolina, Iowa, New York, Douglas London, Georgia, Gaza, Israel, Bergen, Boston, Pennsylvania
The problem with this approach is that most Republican voters do not want an alternative to Trump; they overwhelmingly back him. At least that’s what the Nikki Haley campaign said after finishing second to former President Donald Trump in the New Hampshire primaries on Tuesday. Democratic nominee Bill Clinton and third-party candidate Ross Perot exploited that division in the Republican Party against Bush in the fall. The Republican Party is united behind Trump, and with optimal conditions for an opponent like Haley, Trump was still unstoppable. “Democrats deserve options, and it’s not clear at all that President Biden can beat Donald Trump.
Persons: Raul A, Reyes, Nikki Haley’s, Nikki Haley, Donald Trump, bode, Reyes CNN Haley, Trump, Haley, , CNN’s Dana Bash, That’s, it’s, Trump …, Nikki, , She’s, Paul Begala, Donald Trump’s, Paul Begala CNN Trump, Joe Biden, Reagan, Bush, Bill Clinton’s, Clinton, Ana Marie Cox, Ana Marie Cox Faith Fonseca, ” Trump, Biden, Jamal Simmons, Biden’s, he’s, Dean Phillips, Jimmy Carter, Edward Kennedy, Kennedy, Carter, Republican Ronald Reagan, George H.W, Pat Buchanan, Bill Clinton, Ross Perot, Eugene McCarthy’s, Lyndon Johnson, Marianne Williamson, Sen, Bernie Sanders, Pramila, Kamala Harris, Daniel McCarthy, John McCain, George W, Ron DeSantis, Biden —, , Rizwan Virk, Williamson, Sanders, Andrew Yang, Dean Philips, Yang, ” Rizwan Virk, Patrick T, Brown, Barack Obama, Dozens, Scott Walker, Jeb Bush, South Carolina Sen, Tim Scott, Texas Sen, Ted Cruz, Florida Sen, Marco Rubio, John Kasich, Cruz, Sophia A, DeSantis, Nelson Stephanie Honikel, Harris, Nelson, Tuesday’s, Phillips ’, Phillips, Arick, Michael Bloomberg Organizations: CNN, GOP, South Carolina Gov, Republican, Reyes CNN, Trump, Independents, Polling, White, USA, Twitter, New, South, Biden, diehard Republicans, New Hampshire, Republican Party, Bush Republicans, NATO, Republicans, Democratic, Minnesota Rep, Hamas, Washington Rep, Former South Carolina Gov, mavericks, New Hampshire Democratic, Florida Gov, The, Syndicate, Democratic Party, Democrat, Labs, MIT, Physics, Eastern, Arizona State University’s College of Global Futures, Wisconsin Gov, Ohio Gov, Public Policy Center, Economic, Florida’s, America, Trump Party, Congressional, UN, Tuesday’s New, Tuesday’s New Hampshire Democratic, Democratic National, Biden –, Medicare, New York Locations: Iowa, New Hampshire, South Carolina, America, Granite, Trump, Michigan, New Hampshire , Iowa, Austin, Israel, Vietnam, Granite State . South Carolina, Gaza, Yemen, Ukraine, Vermont, Wisconsin, Florida, Texas, Ohio, New York, Washington , DC, Virginia, Minnesota, Tuesday’s New Hampshire, Hampshire
Opinion: Our possibly short national nightmare
  + stars: | 2024-01-21 | by ( Richard Galant | ) edition.cnn.com   time to read: +19 min
“My fellow Americans, our long national nightmare is over,” President Gerald Ford said. “Our campaign is the last best hope of stopping the Trump-Biden nightmare,” the former UN ambassador said. If not, it won’t be as protracted a “national nightmare” as the two-year-long Watergate scandal that put Gerald Ford in the Oval Office. Though, depending on your point of view, the real nightmare could begin after the swearing-in. Yet, John Avlon wrote, Trump and some members of the House GOP, want to tank an emerging compromise in the Senate that would couple border security measures with aid to Ukraine.
Persons: CNN —, Richard Nixon, , Gerald Ford, Ford, Gerald Ford’s, Nikki Haley, Joe Biden, Donald Trump, Clay Jones, we’ll, Haley, MAGA, , Frida Ghitis, Trump, ” Haley, ” Trump, Patrick T, Brown, Daniel McCarthy isn’t, Donald Trump’s, Ron DeSantis, Vivek Ramaswamy, ” Nick Anderson, Biden isn’t, Dean Phillips, Cupp, Biden, ” Dana Summers, Karen Finney, Robert E, Lee, ” Finney, , Keith Magee, Julian Zelizer, Trump Samuel L, Adams, King David Border, Adolf Hitler, “ Mein, Paul Moses, Edward Alsworth Ross, Moses, Ross, … ”, — Hitler’s, It’s, who’ve, John Avlon, Scott Stantis, Mike Johnson, Alice Driver, Greg Abbott’s, Jean Carroll, Bill Bramhall, News Trump, Carroll, Danielle Campoamor, “ Carroll, , she’s, Shawn Crowley, Robert C, Gottlieb, ” “, Jack Ohman, Gerald Auten, David Splinter, Jordan McGillis, Thomas Piketty, Emmanuel Saez, Gabriel Zucman, McGillis, Melissa Kearney, ” Elise Gould, Josh Bivens, ” Elisabeth Kendall, Peter Bergen, ” Kendall, Sheena McKenzie, Izzeldin Abuelaish, Peter Rutland, Israel ’, Nafees Hamid, Walt Handelsman, Sara Stewart, Katherine Heigl, Jill Filipovic, Jeremy Allen White, J, Chen, Suzanne Nossel, Jade McGlynn, Holly Thomas, Estee Lauder, mascara, don’t, ” Thomas Organizations: CNN, Netflix, Trump, Biden, UN, New, Republican, Florida Gov, South Carolina Gov, GOP, Democratic, New Hampshire, Agency, Aggression, CNN Town Hall, American Sociological Association, , ified GOP, Texas Gov, News, Brookings, Social, Administration, US, Cambridge University’s Girton College, Wesleyan University, Palestine, Times Locations: Republic, Iowa, New Hampshire, Minnesota, New, Virginia, North Carolina, mealtimes, curriculums, America, Ukraine, New York, Manhattan, Yemeni, Red, Gaza, Israel, Americas
CNN —Former President Donald Trump’s easy win in Iowa on Monday confirms that there really is no race for the Republican nomination this year. Iowa is a solid red state that gives a good sense of where the Republican Party as a whole stands today. The DeSantis campaign and its outside allies spent $35 million in the state between January 1, 2023, and January 12 of this year. Even with an almost 2:1 spending advantage over Trump, DeSantis couldn’t mount an effective challenge — not even with the backing of Reynolds and Vander Plaats. DeSantis and Haley were not weak opponents — but as Iowa shows, even strong rivals can’t touch Trump.
Persons: Daniel McCarthy, , Donald Trump’s, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Charles Koch, Haley, Bob Vander Plaats, Kim Reynolds, Joe Biden, Chris Christie, Trump, Sen, Ted Cruz, Reynolds, Vander Plaats, Doug Burgum, Mike Lee, Marco Rubio, DeSantis, Haley’s, it’s Organizations: The, Syndicate, CNN, Republican, Florida Gov, South Carolina Gov, GOP, Trump, Voters, Iowa Republicans, New, New Jersey Gov, Iowa’s Republicans, Republican Party, North Dakota Gov, Des Moines Register, NBC, Independents, Democrats, Iowa Locations: Iowa, New Jersey, Trump, Sens, New Hampshire, South Carolina
Welcome to Opinion’s commentary for the third Republican presidential debate, held in Miami on Wednesday night. The debate didn’t answer the question of whether she can really cut into DeSantis’s more conservative bloc of support. He deserves praise for his substantive, competent answers, but there’s not much of a market for that in the Republican primaries. In a debate dominated by a neoconservative revival, Ramaswamy — in both style and substance — was the only Trumpist on the stage. primary voters relished his attacks on the Republican National Committee and the debate moderators.
Persons: Jamelle, Nikki Haley, Haley, Gail Collins, Michelle Cottle, yapping, Ross Douthat I’m, Ramaswamy, David French Neoconservatism, Sarah Isgur, Sarah Longwell, DeSantis, Daniel McCarthy, Dick Cheney, , Haley couldn’t, Ron DeSantis, Donald Trump, There’s, Ross Douthat, he’s, David French, He’s, Vivek Ramaswamy, Sarah Isgur DeSantis, Sarah Longwell DeSantis, Kim Reynolds, Jamelle Bouie Chris Christie, It’s, David French Christie, Trump, Christie isn’t, Sarah Isgur It’s, Christie —, Christie, there’s, Bouie, Tim Scott, Scott, I’ve, we’re, David French I’m, Reagan, platitudes, hasn’t, Sarah Longwell Tim Scott, Daniel McCarthy He’s, Ross, David French Ramaswamy, Ramaswamy —, cheekily Organizations: Trump Republican, Trump, Republican, Gov, Federal Reserve, White, Republican Party, MAGA, Republican National Committee, Nazi Locations: Miami, Iowa, New Hampshire, Ukraine, Iran, Israel, China, hawkish, Iraq, Afghanistan, Russia, Haley, Florida
Matthew Continetti Governor Haley is an excellent communicator, but her message was often lost amid all the cross talk. Daniel McCarthy In this debate, Governor Haley decided to play the role that Vivek Ramaswamy played last time, frequently interrupting and attacking others. Matthew Continetti Governor DeSantis is not an exciting debater, but he remains the most plausible alternative to Donald Trump. Jane Coaston He really, really, really wanted to fight Donald Trump, who was not present. His worst moment was a canned line in which he compared Donald Trump to Donald Duck (Disney defamation suit to follow).
Persons: Ronald Reagan, Jane Coaston, Tim Scott, Vivek Ramaswamy, Ramaswamy, Gail Collins, Matthew Continetti, Haley, Ron DeSantis, I’m, Michelle Cottle, Ross Douthat, Amy Klobuchar, Vivek Ramaswamy’s Pete Buttigieg —, Michelle Goldberg, Katherine Mangu, Ward, Daniel McCarthy, Katherine Miller Haley, Scott, ” Peter Wehner, she’d, DeSantis, Donald Trump, zinged Trump, Trump, he’s, Nobody, Michelle Goldberg DeSantis, DeSantis —, Daniel McCarthy He’s, don’t, Katherine Miller, Peter Wehner, Christie, Donald Duck, Matthew Continetti Governor Christie, He’s, , Ross Douthat “ Donald DUCK, “ Donald Duck, ” Katherine Mangu, Biden, ” Daniel McCarthy Governor Christie, Katherine Miller Christie, stemwinders, Donald Trump’s, Haley —, , , ” Matthew Continetti, MAGA populists, MAGA, Haley didn’t, Reagan, Ward Ramaswamy, Katherine Miller Ramaswamy, Burgum, Ross, Yep, Katherine Miller Burgum, Gail Collins Boy, Pence, , Mike Pence, Asa Hutchinson, Peter Wehner Trump Organizations: Republican, Ronald Reagan Presidential, American Special Operations, Washington, Trump, Fox, Washington , D.C, South, Blacks, , Reagan Locations: California, Iowa, New Hampshire, Mexico, Florida, Ukraine, Washington ,, New Jersey, Simi Valley, China, America, North Dakota
Opinion | Winners and Losers of the First Republican Debate
  + stars: | 2023-08-24 | by ( ) www.nytimes.com   time to read: +22 min
Welcome to Opinion’s commentary for the first Republican presidential primary candidate debate, held in Milwaukee on Wednesday night. Gail Collins: She seemed generally reasonable and wow, when the debate turned to education and she actually brought up reading. If there’s any life left in the old G.O.P., Haley gave it hope. Perhaps more important, in taking on the glib and callow Ramaswamy on Ukraine, she showed anger and dominance, essential qualities in a Republican debate. Any debate that doesn’t feature Chris Christie at the front of the highlight reel is a bad night for Christie.
Persons: Jamelle, Nikki Haley, Haley, Gail Collins, Matthew Continetti, G.O.P, Michelle Cottle, , Trump —, Ramaswamy, suburbanites, Ross Douthat, David French, Reagan, Michelle Goldberg, callow Ramaswamy, Amy Klobuchar, Pete Buttigieg, Katherine Mangu, Christie, “ Trump, “ Donald Trump, Daniel McCarthy, Vivek, Bret Stephens, Mike Pence’s, Mike Pence, Pence, Mike, Vivek ”, Vivek Ramaswamy, Trump, , he’ll, Jesus, Ramaswamy —, ChatGPT —, you’ve, Marco Rubio, Chris Christie, He’s, Joe Biden, Martha MacCallum, Ron DeSantis, Hunter Biden, DeSantis, Donald Trump, MAGA, pander, smartly, Sharp, Biden, refighting, Ron, Hutchinson, clearheaded, Still, Scott, Tim Scott, Meh, ” Daniel McCarthy, Pleasant, Donald Trump’s, wasn’t, I’d, Ramaswamy’s, callow, I’m, insufferable, Preening, Doug Burgum, Achilles, Burgum, he’s, Asa Hutchinson, Trump’s, Asa Hutchinson didn’t, didn’t Organizations: Republican, Republican Party, Trump, Ramaswamy, Pence, Pious, Trump Republicans, MSNBC, Fox, Department of Justice, United Nations, Energy, Department of Education, Republicans Locations: Milwaukee, Iowa, New Hampshire, Ukraine, America, Mexico, Florida, Covid, China, MAGA, Arkansas
He thinks he’s running to be Donald Trump’s vice president; he’s probably actually running to be the next Pete Buttigieg, a second-tier cabinet official with a strong TV presence and a somewhat thankless portfolio. David French As an eloquent and passionate defender of Trump, quite seriously. As a potential Trump vice president, moderately seriously. Michelle Goldberg He’s running a serious campaign to build a right-wing media brand. What matters most about him as a presidential candidate?
Persons: Ross Douthat, Donald Trump’s, he’s, Pete Buttigieg, David French, Michelle Goldberg He’s, Katherine Mangu, Andrew Yang, Daniel McCarthy, Ron Paul, Bruni He’s, Herman Cain, Marianne Williamson, Organizations: Trump, Oval, Republican, Democratic
ZURICH, Sept 27 (Reuters) - Credit Suisse (CSGN.S) announced the departure of two senior executives, global co-head of banking Jens Welter and global head of global credit products Daniel McCarthy, in memos seen by Reuters, in a blow to the Swiss bank as it gets ready for a major restructuring. Shaken by a string of scandals and losses, Switzerland's second-largest bank is currently preparing a strategy review including a radical overhaul of its investment bank. read moreThe bank said that Welter, its global co-head of banking and EMEA co-head of investment banking and capital markets (IBCM), had decided to leave the bank. Rival Citigroup said in a Tuesday statement that Welter was joining it in December as co-head of EMEA Banking, Capital Markets and Advisory, after 27 years at Credit Suisse. Reuters reported last week that Credit Suisse is sounding out investors for fresh cash as it attempts an overhaul of its investment bank.
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