ZURICH: Credit Suisse’s investment banking operation has been scaled back enough, Chairman Urs Rohner was quoted saying in a newspaper interview, underscoring the number two Swiss bank’s commitment to the business.
Asked by Schweiz am Wochenende if the investment bank was tying up too much capital, Rohner said: “No, we see 60 billion Swiss francs ($60bn) in risk-weighted assets as a reasonable size for our trading business. You can hardly run this business with less.”
Published in Dawn, February 10th, 2019
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