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Credit Suisse Returns to Its Roots in Europe

  • Wealth boss Khan sees revival in European private banking
  • Clients seeking advice as elections approach, Khan says
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Credit Suisse CEO Thiam Says Climate Is Better for Banks

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Credit Suisse Group AG is seeing a pickup in its private banking business in Europe as clients seek counsel on how to protect fortunes from shock election outcomes.

“Clients need advice,” on how to manage political uncertainty, Iqbal Khan, head of international wealth management, said in an interview at the bank’s headquarters in Zurich. “I would expect Europe to rebound in profitability.”