Credit Suisse's Muehlemann to leave co - report

Credit Suisse Group CEO Lukas Muehlemann is likely to leave the company, as a group CEO is not necessary with two strong leaders at the helm of the concern's two large units, according to sources reported in SonntagsBlick.

Oswald Gruebel, heading Credit Suisse Financial Services, and John Mack, running Credit Suisse First Boston, "both do not need Muehlemann, and he seems knocked out," according to a manager at Credit Suisse's main office.