Reuters reports that Credit Suisse chairman Urs Rohner told Finanz und Wirtschaft last week: 'There is no question of CEO succession at the moment.....Brady Dougan did an excellent job with the capital measures, just as he did steering Credit Suisse through the crisis'.
He also acknowledged the Swiss bank had made mistakes.
'We judged the market too favourably in 2009', he said, in an implicit criticism of under-fire Dougan's bulking up of investment banking at the time.
The news agency also reports that Rohner also confirmed Saturday that the firm will not sell or spin off its investment bank but is seeking to improve its business model as tighter regulation makes the risky unit less profitable.
'It's much more about optimising the business model and better balancing it with regard to capital allocation'.
Dougan told Le Temps newspaper that 'although the issue is complex and investigations are on in the bank, we do not think at present that Credit Suisse faces a significant problem in this matter'.