JOHIM takes on Waverton name in rebrand
A new year, a new name: J O Hambro Investment Management rebrands to Waverton Investment Management.
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.
Aberdeen Asset Management is to take on the management of two Credit Suisse funds giving the firm its first foray into Brazil-specific fund management.