|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||15.49 - 15.64|
|52 Week Range||12.25 - 16.17|
|PE Ratio (TTM)||-19.09|
|Dividend & Yield||0.70 (4.52%)|
|1y Target Est||N/A|
Credit Suisse unveiled a raft of changes to the upper ranks of its investment bank, bringing in new co-heads for Europe, the Middle East and Africa as the Swiss banking giant revamps the division amid ...
Credit Suisse has appointed Mathew Cestar and Jens Welter co-heads of its investment banking and capital markets (IBCM) business in Europe, the Middle East and Africa as part of a raft of changes at the top of the business. Former IBCM co-head for EMEA Marisa Drew has been appointed head of Credit Suisse's impact advisory and finance (IAF) department. Mark Echlin will become UK IBCM chairman after more than three years as the other IBCM co-head of EMEA.
Credit Suisse has set up a new department to nurture socially conscious investing, the latest effort by a major bank to cater for growing demand for so-called impact investing. The move was announced by the Swiss bank's chief executive Tidjane Thiam in a memo to staff seen by Reuters. Impact investments are made into "companies, organisations, and funds with the intention to generate social and environmental impact alongside a financial return," the Global Impact Investing Network says on its website.