Two of Switzerland's biggest banks, Credit Suisse Group and UBS, today are launching a new organisation they say will seek to "engage in dialogue around policy developments in finance at the European and international level".
Credit Suisse has appointed Harrington Cooper, the specialist fund distribution company, to manage the UK and Channel Islands distribution of its Master Limited Partnership (MLP) Index Fund.
Private bank Credit Suisse has confirmed plans to withdraw from a reported 50 countries which it considers unprofitable, while it ploughs forward with plans to orientate its business towards an ultra high net worth client base.
BlackRock has completed its acquisition of Credit Suisse’s ETF business, with the combined business operating under the iShares brand from today.
BlackRock’s acquisition of Credit Suisse’s ETF business is due to complete by 1 July after being approved by the Office of Fair Trading (OFT).
Credit Suisse Securities has been fined more than HK$1.6m by the Securities and Futures Commission in Hong Kong.
The Office of Fair Trading (OFT) has delayed approval on BlackRock’s acquisition of Credit Suisse’s ETF business for 10 working days, with a view to ending the consideration period on 13 June.
Bermuda National Limited and Management is to acquire JO Hambro Investment Management from Credit Suisse, with senior JO Hambro management also set to become shareholders.
Credit Suisse is to acquire Morgan Stanley’s wealth management businesses in Europe, the Middle East and Africa under an agreement signed today.
Credit Suisse is reportedly planning to cut its investment banking business in Dubai in order to focus on Qatar and Saudi Arabia.
Credit Suisse has eliminated an undisclosed number of roles in its asset management operations in Singapore, International Adviser has learned.
Credit Suisse Group and a unit of the Qatar Investment Authority (QIA), the Gulf state’s sovereign wealth fund, plan to start an asset-management joint venture, Bloomberg reported.
