29-07-2016 13:30 via news.yahoo.com

Credit Suisse to create U.S. banking business for billionaire

Credit Suisse Group AG , which exited its U.S. private wealth business last year, is building out a new investment banking group in the region to serve billionaires. Switzerland's second-biggest bank has hired Charlie Buckley from rival UBS Group AG to work with company founders and entrepreneurs, according to an internal memo reviewed by Reuters on Friday and confirmed by a spokeswoman.
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