News Formal

New Credit Suisse investment-bank chief needs axe

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

David Miller is taking over as investment banking chief at Credit Suisse. Although his top priority is to stop losing market share in key businesses like advising on deals, costs still look high. There’s an argument for more cuts, writes LiamWardProud:

Credit Suisse on Nov. 11 appointed David Miller as chief executive of its investment banking and capital markets business.

Miller, who was recently global head of credit, replaces James Amine, who is stepping down to take on a newly created job as the New York-based head of private credit opportunities. Miller joined the company through its 2000 merger with U.S. investment bank Donaldson, Lufkin & Jenrette, where he worked in the Los Angeles office.

Eric Varvel will become chairman on Credit Suisse’s investment bank, while keeping his current role as head of asset management.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 470. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Apple Card users received $10 billion in credit from Goldman Sachs - Business InsiderGoldman Sachs lent out approximately $10 billion to Apple Card users through September 30, just over a month after Apple Card's full US launch. What part of this is good for consumers?
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »