November 10, 2022
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
Swiss investment bank exits the region's loan market as part of a new strategy to focus on higher-return segments