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Credit Suisse still hiring in S’pore ahead of UBS takeover

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ST20230317-202354507895-Lim Yaohui-pixsuisse/
Logo of international financial services group Credit Suisse on the exterior facade of ONE@Changi City on Mar 17, 2023.
Singapore’s central bank has been in close contact with its counterpart in Switzerland, the Swiss Financial Market Supervisory Authority (Finma), over recent developments surrounding the troubled Credit Suisse Group.
In response to media queries, the Monetary Authority of Singapore (MAS) said on Mar 16 night that the Swiss bank’s Singapore branch has its main activities in private and investment banking, and does not serve retail customers.
(ST PHOTO: LIM YAOHUI)

The bank has been taking on relationship managers, senior bankers, investment consultants and portfolio managers in Singapore.

ST PHOTO: LIM YAOHUI

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SINGAPORE – Swiss lender Credit Suisse is still hiring in the weeks leading up to the close of its

takeover by long-time rival UBS,

in a likely bid to alleviate an ongoing exodus of talent.

The Straits Times understands the bank has been taking on relationship managers, senior bankers, investment consultants and portfolio managers in Singapore, and will continue to recruit talent ahead of the deal’s expected close in May.

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