New Global Markets CEO at Credit Suisse
Brian Chin will succeed Timonthy O Hara as CEO of Credit Suisse Global Markets. Brian Chin is currently the Co-Head of Credit and he will now join the Executive Board of Credit Suisse Group AG. The bank has also announced that Eric Varvel will be appointed President and CEO of Credit Suisse Holdings (USA) in addition to his current responsibilities as Global Head of Asset Management.
These changes will be effective immediately.
News Source: Credit Suisse Press Release
About Credit Suisse
Credit Suisse (NYSE:CS) was founded in 1856 by Alfred Escher, under the name “Schweizerische Kreditanstalt.” The original purpose of the new bank known as SKA was to finance the expansion of the railroad network as well as the further industrialization of Switzerland. Fourteen years later, the bank’s first foreign representative office opened up in New York. In 1905, the bank’s first branch outside Zurich opened in Basel following the acquisition of Oberrheinische Bank. Today, it has a global reach with operations in over 50 countries and 48,200 employees from over 150 different nations. It serves its clients through three regionally focused divisions: Swiss Universal Bank, International Wealth Management and Asia Pacific. These regional businesses are supported by two other divisions specializing in investment banking capabilities: Global Markets and Investment Banking & Capital Markets.
- Origin : Zurich, Switzerland
- Assets : CHF 820.81 billion
- Revenue : CHF 23.38 billion
- Employees : 48,200
Official Website: www.credit-suisse.com
News & Media: Press Release
Updated on 8th August 2016