Shocked Credit Suisse staff in Singapore, Hong Kong fret abo

Shocked Credit Suisse staff in Singapore, Hong Kong fret about retrenchments

SINGAPORE/HONG KONG – Credit Suisse staff arriving to work in Hong Kong and Singapore on Monday (March 20) morning fretted about retrenchments and retaining business after Swiss rival UBS agreed to swallow the 167-year-old bank in a state-backed rescue. Late on Sunday, the Swiss authorities capped a tense week of markets by engineering a three billion Swiss francs (S$4.34 billion)...

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Hong Kong , Switzerland , Singapore , Swiss , Colm Kelleher , Credit Suisse , Reuters , Straits Times , South East Asia Based ,

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