The Swiss bank Credit Suisse will reorganize the asset management division of wealthy clients to provide regional structures with more freedom in decision-making, Bloomberg writes with reference to informed sources. The number of regional offices in the subdivision will be increased from 4 to 7. Individual regions with their leaders with large autonomy will be Latin America, Brazil, Western Europe, Southern Europe, Middle East, Africa, Central and Eastern Europe. According to the estimates of the bank, the adjusted profit of the unit in 2018 will reach 1 billion 800 million Swiss kroner.
Dunkin’ plans to hire up to 25,000 employees as U.S. restaurants reopened28.05.2020
American Airlines will cut 30% of its workforce including management and support staff27.05.2020
Japan plans to render large stimulus to minimize virus damage22.05.2020
SoftBank Group to sell 5% telco unit stake to raise $2.9 billion