As part of its ongoing restructuring plans, Credit Suisse has added assets from its equity derivatives and prime services business into its "Strategic Resolution Unit" (SRU), a unit which is focused on the offloading of unwanted assets, as it looks to reduce its capital requirements and meet leverage ratio rules. It has also moved assets from its macro, credit, securitised products and emerging markets businesses. the next 12-18 months, Credit Suisse created the SRU to oversee the wind-down of assets that did not fit its "strategic direction".
As part of its ongoing restructuring plans, Credit Suisse has added assets from its equity derivatives and prime services business into its "Strategic Resolution Unit" (SRU), a unit which is focused on the offloading of unwanted assets, as it looks to reduce its capital requirements and meet leverage ratio rules. It has also moved assets from its macro, credit, securitised products and emerging markets businesses. Last October, Credit Suisse created the SRU to oversee the wind-down of assets that did not fit its "strategic direction".