8 ms·

What? CS has a massive retail bank. It’s their most profitable division and has existed for 150+ years.

• rluhar 4y ago
  Wealth Management is not the same as retail banking. "The Wealth Management division offers comprehensive wealth management and investment solutions and tailored financing and advisory services to ultra- high-net-worth (UHNW) and high- net-worth (HNW) individuals and external asset managers" Reference: https://www.credit-suisse.com/about-us/en/our-company/structure-strategy/business-divisions.html https://www.credit-suisse.com/about-us/en/our-company/struct...
  • esja 4y ago
    How is that relevant? You said: "It does not have a significant retail presence." Meanwhile, CS does have a massive retail presence, in Switzerland, and has done for 150+ years.
    • rluhar 4y ago
      Fair enough. I stand corrected. Thank you.
  • deleted 4y ago
    [deleted]