Signage is shown outside a Credit Suisse Group AG bank branch in Geneva, Switzerland. Picture: BLOOMBERG/JOSE CENDON
The bank aims to start offering wealth management services in China next year on the back of securing full ownership of its local securities venture, which is likely by the first quarter of next year, Cavalli said. On Thursday, Reuters reported Switzerland’s second-biggest bank, which has dubbed 2022 a “transition” year, is weighing slashing around 5,000 jobs across the group — around one job in 10.
China’s wealth management market stood at 29 trillion yuan as of June, official data shows, with banks highlighting that household wealth was growing faster than economic growth. Credit Suisse has already hired 50 staff for the wealth business, including relationship managers, investment consultants and those involved in managing discretionary offerings, among others, he said.
Some months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn R130,000 now am financially stable.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: eNCA - 🏆 49. / 51 Read more »