Credit Suisse rejigs IBCM after ‘tough year’

David Rothnie

January 23, 2020 06:00 PM

CreditSuisse_PA_575x375_23Jan2020 — An outside view of the Credit Suisse headquarters on Paradeplatz in Zurich, Switzerland on October 28, 2019. In a scandal that has rocked the staid world of Swiss private banking, Credit Suisse has seen its chief operating officer resign after he ordered the surveillance of a star banker who was wrongly suspected of poaching clients and employees after he defected to join a rival bank. Pierre-Olivier Bouée stepped down after he admitted to asking the Credit Suisse head of global security services to place the former head of wealth management, Iqbal Khan, under watch, over unfounded concerns that he was poaching clients and employees for his new employer, UBS. Photo by Francois Glories/ABACAPRESS.COM | Glories Francois/ABACA/ABACA/PA Images

Credit Suisse has streamlined its investment banking and capital markets operation (IBCM) and is confident that it will return to form after a chastening 2019, writes David Rothnie.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Credit Suisse Equity Americas EMEA Corporate Bonds Southpaw Loans and High Yield LevFin High Yield Bonds Leveraged LoansSynd Loans People and MarketsComment FIG People and Markets LevFin Leveraged Loans LevFin People and Markets Europe Corp People and Markets Investment Grade Loans North America FIG Equity People and Markets Syndicated Loans People and Markets Bank Strategy People News High yield LevFin United States High grade and crossover bonds

DR

David Rothnie