[ad_1] LONDON, Feb 6 (Reuters) – Credit Suisse is relocating its Dutch investment banking team from Amsterdam to London as the Swiss bank seeks to improve efficiency and profitability, a…
Tag: Organizational Restructuring
Mid-size bank mergers should be encouraged – Bank of Italy
[ad_1] ROME (Reuters) – Mergers among Italian mid-size lenders should be encouraged to boost profitability in the sector, Bank of Italy Director General Salvatore Rossi said on Tuesday. Italy’s banking…
Paragon to reorganise business lines
[ad_1] LONDON (Reuters) – Britain’s Paragon Group of Companies PARA.L said on Thursday it was reorganising its business lines to accelerate its transformation into a diversified banking group and improve…
Britain’s Co-op Bank cutting 350 jobs, closing 18 branches
[ad_1] LONDON (Reuters) – Britain’s Co-operative Bank is cutting around 350 jobs and closing 18 branches as the coronavirus crisis forces it to reduce costs, the lender said on Tuesday.…
China’s Ant Group plans revamp amid regulator pressure – WSJ
[ad_1] FILE PHOTO: A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File…
Credit Suisse’s Thiam strikes cautious tone for third-quarter
[ad_1] ZURICH (Reuters) – Credit Suisse’s CSGN.S wealthy clients are sitting on record amounts of cash amid uncertainty in the global economy, Chief Executive Tidjane Thiam on Tuesday, striking a…
Credit Suisse says tax probe linked to ‘historical’ business
[ad_1] A logo is pictured on a branch of the Credit Suisse bank in Bern, Switzerland April 4, 2017. REUTERS/Denis Balibouse ZURICH (Reuters) – A Dutch-led international tax evasion investigation…
Investor in UK housebuilder Countryside calls for chair’s ouster in break-up play
[ad_1] LONDON (Reuters) – The third-largest investor in British housebuilder Countryside on Wednesday called for the company’s chairman to be replaced and for its own representative to join the board…
Head of UBS Europe unit to leave amid ‘turf war’ talk
[ad_1] FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – The head of UBS Europe SE, Thomas…