Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a742726

Squeezed middle: why Credit Suisse thinks the mid-tier is in trouble

by Elsa Buchanan on Mar 25, 2014 at 07:24

Dembinski pointed to credit services as another important driver of growth. ‘As banks in the UK have tended to withdraw their balance sheets, banks such as Credit Suisse, which have very strong capital ratios, still have a considerable appetite to provide mortgages and loans against client assets.

‘We are picking up a lot of business from a domestic bank environment where others seem to be retreating.

‘The bankers that have come over from Morgan Stanley have increased the wingspan of our client base in a way that is difficult to do with the same speed organically,’ he added.

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home


As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment


With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet