Wealth business steadies Credit Suisse ship
Swiss bank boosted by its wealth arm
A new year, a new name: J O Hambro Investment Management rebrands to Waverton Investment Management.
|
|
Private bank Credit Suisse has confirmed plans to withdraw from a reported 50 countries which it considers unprofitable, while it ploughs forward with plans to orientate its business towards an ultra high net worth client base.
|
|
Credit Suisse’s investment banking division reported pre-tax income of CHF 754m in Q2 2013, more than double the total for the same period last year.
|
|
S&P has downgraded Barclays, Credit Suisse and Deutsche Bank from A plus to A in a reflection of growing concerns over the future of investment banking in Europe.
|
|
BlackRock has completed its acquisition of Credit Suisse’s ETF business, with the combined business operating under the iShares brand from today.
|
|
BlackRock’s acquisition of Credit Suisse’s ETF business is due to complete by 1 July after being approved by the Office of Fair Trading (OFT).
|
|
The Office of Fair Trading (OFT) has delayed approval on BlackRock’s acquisition of Credit Suisse’s ETF business for 10 working days, with a view to ending the consideration period on 13 June.
|
|
Credit Suisse’s UK business is set for a boost following the firm’s acquisition of Morgan Stanley’s wealth management in Europe, the Middle East and Africa.
|
|
Paul Sarosy has resigned from his position at Credit Suisse to take on a new private client role at Coutts.
|
|
Former Credit Suisse wealth planning head Steve Griffiths has joined Coutts, tasked with developing the companys tax & wealth structuring teams capabilities in the UK, Asia and Switzerland.
|
|
Dexion has teamed up with Credit Suisse to list a closed-ended company on the London Stock Exchange.
|
|