A man enters the Credit Suisse offices in the Manhattan borough of New York City, U.S. July 5, 2016. REUTERS/Brendan McDermirestructuring plan"We will retain our full footprint here in Switzerland, so from a client perspective and a market perspective, certainly nothing will change," he told Swiss newspaper L'Agefi.
Along with a 4 billion Swiss franc capital raise and thousands of job cuts, Credit Suisse is planning to scale back its scandal-hit investment bank in a shift towards banking for the wealthy. "Investment Banking Switzerland will become a part of the Swiss Bank division – which had already been the case before this year," Haas said.
In terms of wallet share, investment banking Switzerland was the market leader in the alpine state with roughly 13%, he said.