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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.






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