C Suisse could scale down prime brokerage

Credit Suisse Canary Wharf

Credit Suisse is considering scaling down its prime brokerage business as part of already announced efforts to reduce risk in its investment banking division, a person familiar with the matter told Reuters.

Sheila Bair: Banks have way too much leverage

Sheila Bair: are banks strong enough still

Former FDIC chairman Sheila Bair joined Bloomberg Television’s Trish Reagan and Mike McKee on 'In the Loop with Betty Liu' and said excess leverage at banks is the number one problem still not solved following the financial crisis.