Further shrinking of C Suisse investment bank a 'plausible scenario'

Honey I Shrunk The Banks

Keep your head down!

Changes in how banks measure the risk of losses on their assets may lead Credit Suisse’s incoming CEO Tidjane Thiam to further shrink its investment bank, Deutsche Bank analysts said.

Bloomberg News reports that a 'plausible scenario' is that he will shut down the government debt and foreign exchange business and put its securitization business up for sale to a U.S. competitor, Matt Spick and Omar Keenan said in a note to investors Thursday.

Thiam may also decide to scale back the Swiss bank’s fixed-income business in emerging markets, they said.

To access the complete Bloomberg News article hit the link below:

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