Tag: Credit Suisse

The bank reports another set of dire earnings results, with losses amounting to CHF3.3 billion in 2022.

The past week saw appointments from Credit Suisse and BTIG, along with departures from LSEG, Winterflood Securities and Mizuho.

At the Fixed Income & FX Leaders Summit APAC, panellists offered insights into how trading desks can leverage innovations in electronic trading and automation as key differentiators to drive growth and achieve resilience.

The hire comes following a dire Q3 for the bank, which has seen a multitude of recent departures from its global fixed income team.

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.

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.

New head brings over two decades’ worth of experience to RBC, having previously served at Credit Suisse and Goldman Sachs.

The past week saw appointments from Credit Suisse, TS Imagine, Jacobi Asset Management and GreshamQuant.

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.

Mark Foley has worked at the agency broker for nearly 11 years.