Credit Suisse is looking to buy a US trust bank, according to a report in Financial News. Private banking CEO Walter Berchtold is reported to have told stockbrokers last week that the bank is looking to re-deploy some of the $9.9 billion raised from the sale of insurer Winterthur on private banking and asset management acquisitions. Targets might include Northern Trust.
Credit Suisse Looking To Buy A US Trust Bank With Winterthur Proceeds
Credit Suisse is looking to buy a US trust bank, according to a report in Financial News. Private banking CEO Walter Berchtold is reported to have told stockbrokers last week that the bank is looking to re deploy some of
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