Credit Suisse has made further progress in winding down funds connected with Greensill Capital and is able to distribute another $1.7 billion to investors, the bank said yesterday, taking total distribution so far to $4.8 billion.

Two senior C-suite executives at the bank have left following the Greensill/Archegos dramas, as previously announced. Brian Chin, investment bank chief executive, steps down at the end of April. Lara Warner, chief risk and compliance officer, is also stepping down from her role on the executive board. Both will be leaving the bank. Christian Meissner has been appointed as CEO of the investment bank and as a member of the executive board.