The Swiss bank’s historically strong investment banking businesses, such as credit trading and leveraged finance, are suffering from rising interest rates, while Chinese lockdowns have whacked Asian wealth management.
That means Gottstein has nothing steady to fall back on while he shrinks other businesses like prime broking. And it’s hard to see what could get better. Rising corporate bond yields will be bad for debt trading and underwriting, and the
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: