CREDIT suisse's new CEO Tidjane Thiam is already proving to be a breath of fresh air - and not just to the bank, but to journalists usually forced to endure hours of PowerPoint slides. Rather akin to Jose Mourinho's debut press conference when he first arrived at Chelsea, Thiam has a knack for a bon mot and avoids cliche. He seems, in other words, to have missed the lesson at CEO school where bank bosses were told only to regurgitate McKinsey presentations. Instead he's replaced the bubble charts, pillars and quadrants so loved by his peers with good old-fashioned straight talking. "The way to save costs is to close things down," he told the assembled throng at the bank's investor day.
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