The chief risk officer at Credit Suisse’s investment bank Ralf Hafner is to leave the bank at the end of next, month, a Credit Suisse spokeswoman said, confirming an earlier report on Swiss financial news website «Handelszeitung».

According to his LinkedIn profile, Hafner only joined the bank just over a year ago after almost 24 years at Goldman Sachs.

Last week an internal report on the Archegos debacle said there was a failure to manage and escalate risks in the prime services business effectively.