Stay connected:
Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a637464
Credit Suisse to cut 100 UK jobs in banking shake-up
Markets
by Sarah Miloudi on Nov 27, 2012 at 08:08
Credit Suisse is set to make around 100 job cuts in the UK after its decision to create two distinct parts of its business.
Last week the Swiss bank announced it would create an investment banking and a private banking and wealth management division as part of a drive to streamline its operations.
Around a hundred jobs will go as part of this reorganisation, a source close to the reshuffle told the Financial Times. According to reports Credit Suisse will make the cuts in around 90 days' time, with the positions set to disappear from its investment banking division.
News sponsored by:
Subscribe to Wealth Manager magazine and rack up CPD points
Citywire Wealth Manager has partnered with CISI to enrich the experience of subscribers to our magazine.
Today's top headlines
More about this:
More from us
Archive
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
On the road
Click here to find out more from the Audience Development team.
Read more...
Subscribe to Wealth Manager magazine and rack up CPD points
by Dylan Lobo on May 16, 2013 at 16:17
leave a comment
Please sign in here or register here to comment. It is free to register and only takes a minute or two.