Credit Suisse is adding two new hires to service wealthy Israeli clients, with one joining from rival UBS. Credit Suisse is hiring Joseph Wolf from Barclay’s as the CEO of Israel, effective April 4, finews.com has learned. Wolf has nearly three decades of banking experience during which he developed a strong tech sector focus, highly relevant for…
A rebound in infections in Hong Kong and Singapore confirms that the epidemic is far from over in Asia. finews.asia speaks exclusively to Credit Suisse’s Francois Monnet on facing the pandemic. Francois Monnet, few, if any, CEOs could have planned for the disruption to business that has been caused by Covid-19. What is your read of the…
The new football arena in Zurich will carry the logo and name of Credit Suisse. The bank is already a long-time sponsor of the national team. Credit Suisse, Switzerland’s second-largest bank, has bought the name right to the future football stadium in Zurich, it said in a statement on Thursday. The new arena will be…
Credit Suisse set a positive tone for this quarter’s European bank results on Wednesday, lifting its net profit as gains in equities and deeper ties between trading and private banking helped offset lower revenue. Switzerland’s second-biggest bank bucked market expectations of a profit dip and said it gained market share in equities trading during a…
The sustainability business of Credit Suisse is being restructured and the bank has now appointed an experienced manager to further develop the ESG concept of the bank. The impact advisory and finance unit at Switzerland’s second-largest bank has seen significant change in recent months. Marisa Drew, the head of the business, reorganized her staff and…
Credit Suisse has hired a former Citi banker as new head of wealth management Thailand starting on March 20. He takes over from Thippa Praneeprachachon. Natt Thanomsat will be the new head of wealth management Thailand come March, where he will lead a team of investment planners, according to a press release by Credit Suisse. Based in Bangkok,…
Credit Suisse Private Banking has hired Eric Kang as vice chairman for Southeast Asia based in Singapore, Citywire Asia has learnt. Effective 19 January 2019, Kang will replace David Lim, who is set to leave the bank after seven months. Kang joins from UBS Wealth Management, where he was most recently managing director at the global…
The chief executive officer of Credit Suisse (Luxembourg), Stéphane Herrmann, has left the private bank after two years in the role. His departure, which was first reported in the Swiss press, was confirmed to Citywire Selector by a spokesperson for the firm. Herrmann has also relinquished his role as market leader Luxembourg IWM. The…
Credit Suisse Q3 results, released on Thursday, showed record assets under management in its wealth management division of CHF 785 billion, an increase of 4% on last year. These results follow third quarter inflows of Net New Assets (NNA) with NNA for Wealth Management and Asset Management totalling CHF 14.8 billion for the quarter, up 29%…
Credit Suisse has offered its digital private banking clients in Singapore and Hong Kong access to Apple Business Chat to enable them interact directly with the bank. The service will be available to iPhone and iPad users, who can access it through the Messages app on their devices. Credit Suisse head of private banking for…
