Credit Suisse rejigs APAC investment banking

Equities and fixed income are reorganised under the aegis of a new global markets division as the Swiss bank promises more comprehensive solutions for clients.

Credit Suisse rejigs APAC investment banking

Credit Suisse is merging its Asia-Pacific equities and fixed income businesses as part of a broader effort to strengthen its investment banking franchise and double its profits in the region by 2018.

In an internal memo seen by FinanceAsia on Tuesday, Asia-Pacific chief executive Helman Sitohang said the strategic combination could better serve Credit Suisse clients while consolidating its risk taking capabilities and enhancing the ability to deliver multi-asset solutions.

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