Credit Suisse shuts LatAm lending business

Credit Suisse shuts LatAm lending business

Corporate & Sovereign Strategy People Loans Latin America Switzerland United States

Swiss investment bank Credit Suisse has decided to close its lending business in Latin America, although it was one of the leading names in structured credit in the region, markets sources told LatinFinance. Credit Suisse took the decision at a strategy meeting late last month and informed staff this week. The bank is expected to stick with its debt capital markets business in Latin America, but sources questioned if it would be viable on its own without lending operations. Credit Suisse could n

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