In what Credit Suisse refers to as a “strategic step”, the Swiss bank has agreed to sell its exchange-traded funds (ETF) business to BlackRock. The sale of the ETF arm, which manages CHF16 billion (US$17.6 billion), is pending regulatory approval and is expected to be completed by the second quarter of 2013. Details on the terms of the deal were…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]