Wealth Management

Scandal-hit Credit Suisse considers creating single private bank

Scandal-hit Credit Suisse considers creating single private bank

Credit Suisse Group AG is considering to centralize the management of its bankers to the world’s wealthy, reversing a regional structure put in place six years ago, as the scandal-plagued Swiss bank looks for ways to tighten controls and improve operations. The bank’s wealth management business is split into three separate divisions such as the international business, Swiss business…