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Credit Suisse separates AM business from IWM, names new AM CEO

Credit Suisse Group HQ, Zurich

Credit Suisse Group’s board of directors has appointed a new CEO for asset management, following the suspension earlier this month of Greensill Capital-backed supply chain finance funds. In addition, the asset management business will be broken off from the International Wealth Management (IWM) division and be managed separately. Ulrich Körner will become CEO AM and a member of the executive…

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