Credit Suisse restructures its investment and private bank

Credit Suisse is merging its asset management business with its private bank and reshuffling top management. Three top bankers depart, including Asia-Pacific CEO Osama Abbasi, while Helman Sitohang gets a bigger role.

<div style="text-align: left;"> Credit Suisse: Adjusting to a new regulatory reality </div>

Lara Wozniak

November 21, 2012

Credit Suisse is merging its asset management business with its private bank in an effort to speed up cost savings, the bank said yesterday.

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