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rluhar | 3 years ago

Wealth Management is not the same as retail banking.

"The Wealth Management division offers comprehensive wealth management and investment solutions and tailored financing and advisory services to ultra- high-net-worth (UHNW) and high- net-worth (HNW) individuals and external asset managers"

Reference: https://www.credit-suisse.com/about-us/en/our-company/struct...

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esja|3 years ago

How is that relevant? You said: "It does not have a significant retail presence." Meanwhile, CS does have a massive retail presence, in Switzerland, and has done for 150+ years.

rluhar|3 years ago

Fair enough. I stand corrected. Thank you.