2023-06-30 11:31:00
According to a media report, the private bank J. Safra Sarasin intends to seize the opportunity to set up its own capital markets team. Credit Suisse is said to provide the necessary staff.
The private bank J.Safra Sarasin is hiring a number of employees from the capital markets team at Credit Suisse (CS). The news agency reports «AWP» on Friday, citing circles.
According to the report, a significant part of the CS capital market team is to switch to Basler Bank. J.Safra Sarasin intends to build a complete team including client acquisition, syndication, trading, sales, documentation and “everything else that goes with it”.
Other employees of the CS department would switch to Deutsche Bank, according to another source.
How finews.ch previously reported, Deutsche Bank for Switzerland Rosary Clement poached by CS as the new head of capital market business from autumn 2023.
Inflation appears to be more persistent than expected. When will the rate hike cycle end?
The US Federal Reserve will raise interest rates for the last time in June.
Next fall.
Interest rates will also rise in the coming year.
The rate hike cycle will de-globalize.
The rate hikes will be over by the end of June 2023.
1688148191
#Safra #Sarasin #wildly #Capital #Markets #team
