Credit Suisse Group AG Chief Executive Officer Brady Dougan could take a lesson from Zurich neighbor UBS AG as he seeks to boost his company’s stock: scale down the investment bank.
Goldman Sachs Group Inc. and Morgan Stanley were cut by an analyst at JPMorgan Chase & Co. on concern that a U.S. regulatory proposal may make the banks’ capital requirements stricter than European rivals.
Anshu Jain won the job of Deutsche Bank AG co-chief executive officer after leading its investment bank to record profit. Two years later that rainmaker role is coming back to haunt him.
"UBS is trying to settle foreign exchange issues by year-end."
- Kian Abouhossein on Oct 28, 2014