String of scandals lands Credit Suisse on FCA watchlist
Past two decades have seen the Swiss banking giant fined in the US, UK, Europe and Asia
Past two decades have seen the Swiss banking giant fined in the US, UK, Europe and Asia
‘Serious lessons will be learned,’ says CEO Thomas Gottstein
Richard Warne had been head of discretionary portfolio management for London and the Channel Islands
Seven years after selling ETF business to Blackrock asset manager converts trio of index funds
Duncan Walker hired for his ‘proven ability to maximise growth’
Analyst note predicts the worst is yet to come for D2C platform
Wealthy clients were reportedly advised to ‘accelerate’ plans to shift investments
To navigate the hazards of the bond markets, one fund manager looks to US and emerging market debt for value while a fund selector finds opportunity in alternative fixed income.
Credit Suisse has reported its adjusted pre-tax profits were up 36% at CHF1.2bn for the first quarter, thanks to inflows into its wealth management division.
Fidelity International has appointed Michael Gibb to the newly-created role of head of stewardship and sustainable investing.
The US Department of Justice is suing the British bank and two of its executives for deliberately selling “defective and misrepresented” mortgage loans during the peak of the housing bubble.
With Credit Suisse ending direct client coverage out of the Channel Islands, the Swiss bank has set up a wealth management firm with local financial service provider Stenham Group, that will act as an external asset manager (EAM) for the bank regionally and elsewhere.