FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Bloomberg: Credit Suisse CEO Signals Potential Spinoff of Asset Management

March 22, 2021, 08:15 AM
Filed Under: Industry News

Bloomberg reported that Credit Suisse CEO Thomas Gottstein signaled he would consider further separating the asset-management unit from the rest of the bank after the Greensill Capital collapse. According to the Bloomberg report, Credit Suisse is contending with the worst crisis since a spying scandal a year ago, after it was forced to suspend $10 billion of supply-chain finance funds managed with Greensill over concerns about their valuation.

To read the full Bloomberg report, click here.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.