Credit Suisse to Exit All European Primary Dealer Roles
A Credit Suisse branch in Geneva.
Photographer: Frabrice Coffrini/AFP via Getty ImagesThis article is for subscribers only.
Credit Suisse Group AG no longer wants to act as a market maker for European government bonds, the bank said.
“This is part of scaling back the macro business,” said Adam Bradbery, a London-based spokesman for Credit Suisse. “We are in the process of exiting all our European primary dealer roles.”