Credit Suisse to invest millions in digital

Pedro Gonçalves
clock • 2 min read

Credit Suisse is reducing its reliance on branches in its home market and instead pumping several hundred million francs into digital services. The investment is said to be in the "high three-digit million range". The bank is creating a new business area, dubbed Direct Banking, for retail and commercial clients, while its Swiss investment banking operations will become a separately managed unit.  "The achievement of long-term success will not depend on having the biggest branch netwo...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login