Credit Suisse PB scoping for synergies, overlaps
The bank is working to find cost efficiencies as it finalises an integration plan for its merged private banking and AM business. Product selection and IT are two potential areas of focus.
Credit Suisse is scoping for synergies and overlaps in regional market coverage and product selection and delivery as it finalises an integration plan for its merged asset management and private banking units.
It is understood that final proposals are due to be presented to the management board within two months, with implementation set to start this summer.
“The overall merger is looking to streamline both coverage and product capabilities and how we deliver the two,” Asia-Paci…
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