Credit Suisse to Divide International Wealth-Management Unit Into Seven Regions -Bloomberg
August 14 2018 - 2:32AM
Dow Jones News
--Credit Suisse will divide its main wealth-management unit into
seven divisions from the current four in a push to regionalize the
bank, Bloomberg reports, citing unnamed sources.
--The seven regions--Latin America, Brazil, Western Europe,
Southern Europe, the Middle East, Africa, and Central and Eastern
Europe--will have their own management and will be given more
autonomy.
--The plan, called "Project Momentum," could be announced as
early as this week.
Full story: https://bit.ly/2nyyMmq
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(END) Dow Jones Newswires
August 14, 2018 02:17 ET (06:17 GMT)
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