Credit Suisse loses another chief

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The Independent Online
ARNOLD REICHMAN resigned as chief operating officer of Credit Suisse Asset Management's operations in the Americas, the latest high- ranking executive to leave the unit since May.

Mr Reichman became COO of the unit after CSFB bought New York-based Warburg Pincus Asset Management for $650m in a transaction completed last month. CSFB declined to comment on Mr Reichman's replacement or the circumstances of his departure.