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Provider: Pechala's Reports
Provider: Pechala's Reports

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Credit Suisse Group AG Dismantles Asset Management-Reuters

Tuesday, 20 Nov 2012 01:40am EST 

Reuters reported that Credit Suisse Group AG said it will dismantle its asset management unit into its private bank and promote fixed-income executive Gael de Boissard to co-run its investment bank. De Boissard will join the Zurich-based bank's top management and jointly head the investment bank with current head Eric Varvel, who will run equities and the investment banking department, which includes corporate finance. 

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