New credit trader joins Credit Suisse from ING
The hire comes following a dire Q3 for the bank, which has seen a multitude of recent departures from its global fixed income team.
Tag: Credit Suisse
Credit Suisse to reduce employee headcount by 2,700 as part of new transformation strategy
The Swiss bank has revealed a new strategy to improve its profitability including the restructuring of its investment bank, accelerated cost transformation and reallocated capital.
Deutsche Bank appoints former Credit Suisse MD as co-head of global foreign exchange for APAC
New co-head brings 20 years’ experience across FX and fixed income markets, having previously served at Credit Suisse and Bank of America Merrill Lynch.
RBC Capital Markets appoints Credit Suisse alumnus as head of credit sales EMEA
New head brings over two decades’ worth of experience to RBC, having previously served at Credit Suisse and Goldman Sachs.
People Moves Monday: A string of executive hires
The past week saw appointments from Credit Suisse, TS Imagine, Jacobi Asset Management and GreshamQuant.
Credit Suisse announces complete overhaul following dire Q2 results
The bank has announced a new CEO and recovery plan following a 29% decline in net profits and a 43% drop in investment bank revenues for Q2.
Kepler Cheuvreux’s head of equity trading in London said to be leaving for Credit Suisse
Mark Foley has worked at the agency broker for nearly 11 years.
Major banks and analytics provider launch Octaura electronic trading platform
Venue will launch for loans first, with a collateralised loan obligations (CLO) trading venue to follow and with plans to expand to other products in the credit market later.
Did State Street Global Advisors briefly hold a 7.5% stake in Credit Suisse?
The asset manager appeared to have taken a 7.5% holding in Credit Suisse as of Wednesday, but by yesterday the stake had disappeared, and may have been a filing error.
Could State Street buy Credit Suisse? And why?
Rumours are flying regarding a possible takeover of the troubled Credit Suisse by US giant State Street – but why would they buy, and will it even happen?