Credit Suisse Said to Mull Spreading Brexit Jobs Across EU
- Frankfurt, Madrid and Paris said to be favored for trading hub
- Bank is said to move away from Dublin and Amsterdam as choices
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Credit Suisse Group AG is considering spreading its trading, investment-banking and wealth management activities across several European locations after Brexit, three people with knowledge of the matter said.
Frankfurt, Madrid and Paris are top contenders for the bank’s trading hub, with Credit Suisse weighing a plan that includes locating investment banking, global markets and private-banking businesses in different cities, the people said, asking not to be identified because talks are private. The Swiss bank is backing away from Dublin and Amsterdam as potential choices, two of the people said. No final decision has been taken, they said.