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CEO Tidjane Thiam, who joined a year ago, is shrinking the investment bank to free up capital for expanding Credit Suisse's wealth management business, cutting thousands of jobs in the process.
June 30
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The wirehouse's latest hires will support client development and strengthen product delivery, according to Morgan Stanley.
June 17
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The branch is staffed by 22 advisers, most of whom are recent recruits from Credit Suisse.
June 15
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The advisers are also balking at the firm's insistence that former advisers seeking to claim comp go through its dispute resolution process instead of FINRA.
May 12
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Tidjane Thiam received less pay than his target after the chief executive officer volunteered for a 40% bonus cut as a gesture to beleaguered traders.
March 24
