Credit Suisse bank engages in misconduct this brazen, it should expect that the Justice Department will pursue criminal prosecution to the fullest extent possible, as has happened here," Attorney General Eric H. Holder said at the time. Holder also said "This case shows that no financial institution, no matter its size or global reach, is above the law." Credit Suisse shares rose 1% on the day the $2.6 billion penalty was announced. On 10 March 2015, it was announced that Tidjane Thiam, the CEO of Prudential would leave to become the next CEO of Credit Suisse. In September 2016, Brian Chin was
Tidjane Thiam elected INSEAD Alumnus of the Year by the Insead Alumnus Association. In 2009, he was nominated as one of "50 Alumni who changed the world" as part of the celebration of the 50th anniversary of INSEAD and its 38,000 graduates. He was ranked number one in both 2010 and 2011 by the annual publication the Powerlist, which ranks the 100 most influential Africans in the UK. In July 2011, Thiam was awarded the rank of Chevalier of the Légion d'honneur by the French government in recognition of his significant contribution to civil life for more than 20 years. In 2013,