Wealth and Asset Management
CS: From Billions in Write-Downs to Top Management
Switzerland's second-biggest bank has made an abrupt change to its trading unit following almost $1 billion in write-downs on illiquid trades earlier this year and promoted the very investment banker who led the unit at the center of those losses. The appointment raises a series of questions. Wednesday's ouster of…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Finews