Categories: Market

Where is Rainer E. Gut, the father of Credit Suisse?

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Rainer E. Gut speaking at the General Assembly in Hallenstadion in April 1985.

Rainer E. Gut (90) was one of the most dominant leaders at Credit Suisse. For decades, it determined the fate of Escher Bank. As the “Luzerner Zeitung” wrote, he was also present at the General Assembly last Tuesday, but was absent. Just: Where is he?

Gut’s “Hunter Strategy” made Credit Suisse the largest bank in Switzerland. It would have preferred to merge UBS and Credit Suisse in 1996. But UBS treated him coldly.

“Misere actually started under Reiner E. Gut”

It was still on the agenda these days. The reason: NZZ wrote that Rainer E. Gut was “at the beginning of development that will eventually lead to destruction.” Christoph Blocher found even clearer words in “Tages-Anzeiger”: “The misery actually began under Rainer E. Gut.”

However, Gut has not appeared in public for years. Inside and outside the bank, one wonders: Where is the honorary president?

Maur ZH or USA?

Rainer E. Gut, whose fortune is 125 million francs according to “Bilanz” in Bassersdorf ZH, has long been the top taxpayer. According to the research of the “Luzerner Zeitung”, it is currently registered elsewhere: Maur is in ZH – known for its low taxes. He was hardly seen in Greifensee anymore. “Rainer E. Gut and his wife now mostly live in the United States,” says an acquaintance in the report.

Spicy: Gout now apparently spends the rest of his life in the US. The country where Credit Suisse finally collapsed. (be)

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Source :Blick

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Tim

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