credit suisse

The bank has appointed veteran Rohit Satsangi and former Credit Suisse executive Zi-Kuan Lim to lead the division.

The deal exposes the risks associated with the high yield securities and is likely to make bank borrowing through bonds more expensive in the short term.

As the collapse of SVB and crisis at Credit Suisse are spurring fears around capital market contagion, Agarwal offered FA his thoughts on the outlook for Asian debt.

The bank will pivot away from investment banking and towards its Wealth Management, Swiss Bank and Asset Management divisions, as Ulrich Körner takes the helm.

During the past week, the bank has announced senior appointments including a new CEO for APAC, as well as Group results for 1Q22 and details from its AGM.

The financing comprises a $165.5 million conventional facility and a $178 million Islamic facility.

Robert Huray and Nick Thursby rejoin the investment bank in Singapore.

Following the resignation of António Horta-Osório, the Swiss bank appoints Axel P. Lehmann as new chairman.

Christian Deiss replaces Joe Gallagher as head of mergers and acquisitions for APAC.