Aug

Credit Suisse Is Splitting Its Main Wealth Unit Into 7 Regions

Credit Suisse Group AG is breaking up its international wealth-management unit into seven regions from four in another push by Chief Executive Officer Tidjane Thiam to regionalize the bank, according to people briefed on the matter.

The unit led by Iqbal Khan will give the regions more autonomy to make decisions and each will have its own management, said the people, who asked not to be identified because the change hasn’t been made public. The seven regions are Latin America, Brazil, Western Europe, Southern Europe, the Middle East, Africa, and Central and Eastern Europe…

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Credit Suisse Is Splitting Its Main Wealth Unit Into 7 Regions

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