The Swiss bank’s activity in the global retail structured products market has been halved since the beginning of the year.
Credit Suisse Group has announced a restructuring of its business model which will see a radical revamp of its investment banking activities as well as an ‘accelerated cost transformation’, and the strengthening and reallocation of capital to build upon its wealth management and Swiss Bank franchises, and its product capabilities in asset management and markets. The new Executive Board is focused on restoring trust through the relentless and accountable delivery of our new strategy