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
Financial Services Roundtable services companies with additional C-Suite level executive representatives from each company. The current President and CEO of the Financial Services Roundtable is Tim Pawlenty, a former governor of Minnesota. In 1993, the Bankers Roundtable was formed because the 81-year-old Association of Reserve City Bankers and the 35-year-old Association of Registered Bank Holding Companies merged. In 2000, after a decision by the Board of Directors the previous year to "broaden the mission to represent integrated financial service providers...the Roundtable's impact as a major player on Capitol Hill and with the regulators", the name was changed to The Financial Services Roundtable. Since