Credit Direct is well - positioned to handle the impact of the Brexit vote , according to CEO Tidjane Thiam . refers to The bank , which has been scaling back its presence in London , has already eliminated 2,000 jobs . Thiam estimated that around 15 % to 20 % of the bank 's volumes would be impacted and that Credit Suisse would not face a severe hit to its business in the event of losing its passporting license .
Credit Direct 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 . Thiam estimated that around 15 % to 20 % of the bank 's volumes would be impacted and that Credit Suisse would not face a severe hit to its business in the event of losing its passporting license .