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by rluhar 1186 days 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/struct...

1 comments

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.
Fair enough. I stand corrected. Thank you.