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  4. Credit Suisse unveils new wealth management structure with Huber COO
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Credit Suisse unveils new wealth management structure with Huber COO

ZURICH (Reuters) - Credit Suisse (SIX:CSGN) Wealth Management division's new boss Francesco De Ferrari (NYSE:RACE) has laid out a new structure from March 1 that revamps its...
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Credit Suisse unveils new wealth management structure with Huber COO © Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. REUTERS/Arnd WIegmann/File Photo

ZURICH (Reuters) - Credit Suisse (SIX:CSGN) Wealth Management division's new boss Francesco De Ferrari (NYSE:RACE) has laid out a new structure from March 1 that revamps its business areas for Europe and Latin America and names Christian Huber as chief operating officer.

De Ferrari was appointed as CEO of the Swiss bank's wealth management business in December. This followed Credit Suisse's plans to shift towards wealth management and curb investment banking.

Huber is now chief operating officer of the Swiss private banking business.

Robert Cielen will head the business area Europe combining Europe and Emerging Europe, and Marcello Chilov will run Latin America, combining LatAm and Brazil, the bank said on Monday.

Cielen had led the Emerging Europe business before he became head of Europe in 2020.

Global Chief Investment Officer Michael Strobaek will also take on the role as sustainability lead for the Wealth Management division.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

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EUR/USD

1.0658

-0.0008 (-0.07%)

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USD/JPY

157.91

+0.12 (+0.07%)

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AUD/USD

0.6469

-0.0003 (-0.05%)

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USD/CAD

1.3780

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EUR/JPY

168.32

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EUR/CHF

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
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 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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RON 95-V25.44025.940
RON 95-III24.91025.400
E5 RON 92-II23.91024.380
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USD25.088,0025.458,00
EUR26.475,3627.949,19
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