Credit Suisse is well-positioned to handle the impact of the Brexit vote, according to CEO Tidjane Thiam. The bank, which has been scaling back its presence in London, has already eliminated 2,000 jobs. The Brexit vote could threaten those arrangements, though Thiam said Credit Suisse should not face a severe hit to its business. “While we are not anticipating a significant change in our business as a result of Brexit, it will have an impact,” Thiele said on Tuesday.
Credit Suisse is well-positioned to handle the impact of the Brexit vote, according to CEO Tidjane Thiam. The bank, which has been scaling back its presence in London, has already eliminated 2,000 jobs. “While we are not anticipating a significant change in our business as a result of Brexit, it will have an impact,” Thiele said on Tuesday.