Credit Suisse’s decision to exit the commodities-trading business will probably result in about half of the unit’s 80 workers globally being cut, people briefed on the matter said.
Credit Suisse Group is a world-leading financial services company, advising clients in all aspects of finance, around the world, around the clock.
'The trust in senior management has been suffering for a long time'.
It ain't over yet.
Bank of America’s Merrill Lynch unit said it hired Rahul Srinivasan and Itay Singer from Credit Suisse for its European leveraged finance unit in London.
Credit Suisse is poised to report its biggest quarterly loss since the collapse of Lehman Brothers after being fined $2.6bn for helping American clients evade taxes.
UBS cemented its lead over Bank of America as the world's largest private bank and is within striking distance of managing $2tril on behalf of the wealthy, according to a study on Thursday.
Credit Suisse bought $3.7bn of U.S. mortgage securities in the largest auction of its type since at least 2010, according to a person with knowledge of the offering.
Goldman Sachs has hired London-based oil marketer Roy Golender as vice president of energy sales from Barclays, a company spokesman said on Wednesday.
Bank of New York Mellon shareholders are rolling out the welcome mat for Nelson Peltz.
Global Infrastructure Partners, the private-equity firm run by former Credit Suisse First Boston investment banking head Adebayo Ogunlesi, is seeking $2.5bn for debt investments as new regulations make it more costly for banks to lend to projects such as windfarms and airports.
Here's one firm that's said to be limiting its voluntary severance plan - after receiving too many requests from employees.
Credit Suisse has appointed Serge Fehr as Head of Region Geneva.
Credit Suisse is moving the global co-head of its tech group to San Francisco, bolstering its Silicon Valley investment banking presence in anticipation of more deals in the sector.
Here's a trip down memory lane. The text of a memo sent to investment banking support staff over at DLJ in 1994.
New York Attorney General Eric Schneiderman has launched an investigation into whether bank giant Credit Suisse misled investors about its 'dark pool' trading platform, The New York Post has learned.
The largest global investment banks face further cost reductions, like the job cuts JPMorgan began this month, after a drop in first-half expenses failed to match a decline in revenue.
We looked at 10 bosses of some of the world's largest banks and rated them on 5 key criteria in terms of their effectiveness.
Credit Suisse has announced the strengthening of its Greater China Private Banking team with the appointment of senior bankers who will further grow its client-servicing capabilities and business.
Two former employees of Barclays have signed deals with the US Department of Justice as part of its probe into alleged Libor manipulation, underlining the thrust of the worldwide investigation that is expected to yield more criminal charges against individuals over the next month.
Credit Suisse has named Christopher Conoscenti a managing director in its oil and gas group, as the investment bank builds up its energy team in the Americas, according to a memo obtained by Bloomberg News.