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C Suisse 'headache'

Credit Suisse Still

Lei Jie, the chairman of China’s Founder Securities and its joint venture with Credit Suisse, can’t be contacted by Founder as the government questions executives at the company’s parent.

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A Billion Dollars

$830m fund said wiped out in a single day

Marko Dimitrijevic made a smart bet in December. The hedge fund manager, wagering the Swiss franc would fall, profited after voters there rejected a plan to have the central bank hold a fifth of its assets in gold.

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Nomura said to cut in equities

Nomura cut about 12 jobs at its Asia equities division in Hong Kong to trim costs and focus on more profitable businesses, said a person with knowledge of the matter.

Credit Suisse Still

C Suisse 'headache'

Lei Jie, the chairman of China’s Founder Securities and its joint venture with Credit Suisse, can’t be contacted by Founder as the government questions executives at the company’s parent.

FEATURED

Goldman Crowned

People News: BofA, Goldman

Bank of America’s Tim Watson, hired in 2010 to oversee Canadian energy and power investment banking, has left the firm, according to a person familiar with the move.

Ghostbusters 2 Screen

Who you gonna call if you split up JPMorgan ?

Mary Callahan Erdoes, head of JPMorgan’s asset-management unit, said calls to break up the largest global banks ignore the benefits of size and show a lapse in memory about what worked to stem the financial crisis.