Credit Suisse to transfer Swiss asset management business to new entity
Reuters
Published Mar 02, 2017 03:26AM ET
Credit Suisse to transfer Swiss asset management business to new entity
ZURICH (Reuters) - Credit Swiss will transfer its Swiss asset management business to a new entity due to begin operations under its own license at the end of March, the bank said on Thursday.
"This step will support the delivery of the bank’s strategic objectives," Credit Suisse (SIX:CSGN) said. "It will allow the Switzerland-based Asset Management businesses to exploit their full growth potential both in Switzerland and globally."
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Written By: Reuters
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