Credit Suisse blames low client activity for Q1 loss
Bank says it is on course with cost cuts after tough Q1 and is pivoting towards more profitable business units such as wealth management.
Tag: Credit Suisse
Costs top concerns of Mifid II traders
As firms count the cost of further delays to the forthcoming regulations, Joe Parsons asks what should regulators be doing to minimise the impact on businesses?
Credit Suisse’s asset management head to join Millennium
Jain will reportedly join Millennium at the end of June to become co-chief investment officer.
Credit Suisse to cut additional 2,000 jobs
The bank’s targeted savings has been increased as cost-cutting plans accelerate.
LSEG to launch intra-day auction on Monday
Auction will begin at midday, and continuous trading of SETS equities will be paused.
Credit Suisse and RBS to offer swaptions clearing with CME
CME Group will begin clearing interest rate swaptions in the US from April 11.
Nasdaq could be next after LSE deal, says Credit Suisse
Credit Suisse analysts speculate Nasdaq could be the next target as global exchange groups look to bulk up amid intense competition.
Credit Suisse moves US futures head to prime services
John Dabbs to replace Jeffrey Jennings as head of prime derivatives services.
Headcount in trading slashed 20% over last five years
Job reductions steadily increased between 2010 and 2015 in fixed income, currency and commodities and equities trading.
Credit Suisse adds derivatives contracts to ‘unwinding’ unit
The bank transferred the assets to the SRU in a bid to reduce its capital requirements and meet leverage ratio rules.