Credit Suisse revamp quickens pivot to Asia-Pacific

An organisational revamp by Credit Suisse — that will see the bank reallocate significant amounts of capital to its wealth management unit and almost entirely withdraw from prime brokerage — marks its boldest attempt yet to move on from recent troubles and boost long-term growth. During an investor day presentation held by the Swiss lender on Thursday following its 3Q21…

Have a confidential tip? Get in touch [email protected]