Banking giant Credit Suisse is cutting thousands of jobs and restructuring its business in an attempt to stem heavy losses and investor concerns. After scandals in recent years and a SF4bn ($4bn ...
Credit Suisse has enacted a informal hiring freeze across some parts of its sales, trading and research unit, according to people with knowledge of the matter. The Swiss bank has limited hiring in ...
The move comes as UBS is about to complete its SFr3bn (US$3.3bn) takeover of Credit Suisse after rescuing its rival in March in a deal backed by Swiss authorities. The combined bank is expected to cut ...
yet the result will still see a loss of jobs in that country even as foreign finance centers take a bigger hit. The silver lining? Most Credit Suisse's private bankers will be encouraged to stay ...
But after a hiring spree that included dozens of former investment bankers from Credit Suisse’s Wall Street outpost, Santander has been rapidly climbing the league tables, with more than a ...