Job Market Monitor
Credit Suisse
Credit Suisse / Cut up to 500 jobs to be announced
Credit Suisse could cut up to 500 jobs at its private bank as part of a cost-saving drive, a Swiss newspaper reported on Sunday. The Schweiz am Sonntag said Hans-Ulrich Meister, co-head of Credit Suisse’s private bank, is working on a plan to cut up to 500 positions worldwide, of which around half could be … Continue reading
Credit Suisse | To cut 300 jobs in Switzerland
Credit Suisse will merge its retail and private banking arms in Switzerland from January, in a move which will cost 300 jobs at the Swiss bank and save 50 million Swiss francs ($52.76 million). The restructuring is part of an extra 1 billion Swiss francs in cost cuts announced by Credit Suisse two weeks ago … Continue reading
Credit Suisse – Another Round of Layoffs
Credit Suisse Group is laying off another 138 employees in the New York region beginning next month, the third round of layoffs it has made this year. The cuts, mentioned in a filing Wednesday with New York State’s Department of Labor, follows an announcement by Switzerland’s second-biggest bank the same day of a 15.3 billion … Continue reading
Credit Suisse | To fire 126 employees in the New York area
Credit Suisse Group (CSGN.VX) plans, according to a notification the bank sent to New York State’s Department of Labor on Tuesday. The layoffs, which will extend through August 6, follow the elimination of jobs of 109 people in New York earlier this year. The filing did not disclose the level of seniority nor the business … Continue reading
Credit Suisse | Jobs cut could reach 5,000
Swiss bank Credit Suisse could announce the loss of up to 5,000 jobs in its investment banking business at its forthcoming first-quarter results, a Swiss newspaper reported on Sunday.
VTB Capital’s hiring spree signals global intent | Reuters
VTB Capital continues its global expansion with a series of hires in its Middle East and Africa investment banking business. The Russian bank has taken on five people in Dubai from rival global firms including Credit Suisse, Deutsche Bank and UBS, IFR can reveal. The hires include James Williams as head of Middle East equity … Continue reading
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