Credit Suisse plans to triple headcount in China

Credit Suisse, a major Swiss bank, plans to triple its headcount in China over the next three years, Bloomberg reports. The bank wants to increase its market share in China and benefit from the opening of the financial sector. It also plans to obtain a banking license for its China branch „to further expand our private banking and investment banking offerings“, Bloomberg quotes Credit Suisse CEO Thomas Gottstein as saying. nib