Credit Suisse Wealth Staff Told to Prep for Management Roles
- Bankers should dust off resumes, update aspirations, memo says
- UBS is looking to hold on to bankers with client relationships
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Credit Suisse’s private bankers are being told to dust off their resumes ahead of the selection of new managers following the takeover by UBS Group AG.
The next level of leadership changes, expected by mid-July, will then kick off a slew of appointments to lower-ranking roles in global wealth management, according to an internal memo. Employees who want to be considered for those should update their career aspirations and openness to mobility by July 13, the memo said.