Credit Suisse to Split Investment Bank in Two

Credit Suisse Group AG, the second-biggest Swiss bank, said it will reorganize its investment bank and merge asset management with the private bank to save costs and reduce complexity.

MUFG's Halpenny Sees Further Souring on China
06:26 - MUFG European Head of Global Markets Research Derek Halpenny weighs in on Moody's downgrade of China. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)
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