Credit Suisse

Credit Suisse is an investment bank and financial services company founded in Switzerland. As of 2022, the bank has over 50,000 employees and 3,500 relationship managers globally. It is reportedly known for its strict bank–client confidentiality and banking secrecy. 

Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme

And China gives the first nod to revive Ant IPO.   From Reuters: Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.

Hong Kong bankers’ exodus accelerates amidst strict quarantine rules: report

UBS recently shifted to two senior bankers and might move eight more to China.