Credit Suisse has no specific timeframe for the planned flotation of its Winterthur insurance arm, after it failed to get “adequate” bids for the unit. Separately, CEO Oswald Gruebel said Credit Suisse plans to use one brand name only. In other words, it will drop the First Boston name from its Credit Suisse First Boston investment banking arm. The Swiss bank intends to integrate CSFB with its private bank.
Credit Suisse To Float Winterthur And Adopt Single Brand Name
Credit Suisse has no specific timeframe for the planned flotation of its Winterthur insurance arm, after it failed to get "adequate" bids for the unit. Separately, CEO Oswald Gruebel said Credit Suisse plans to use one brand name only. In