Published 3 months ago

Credit Suisse closes down rep office in Manila

Summary by Manila Bulletin

Credit Suisse AG, a global investment bank based in Switzerland, has closed its representative office in the Philippines for undisclosed reasons.Based on a Bangko Sentral ng Pilipinas (BSP) circular letter (CL No. 2024-035), signed by BSP Deputy Governor Chuchi G. Fonacier last July 8, the BSP said Credit Suisse has stopped its operations in the Philippines.Fonacier in the memo said BSP’s policy-making arm, the Monetary Board, in its Resolution …

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Credit Suisse closes down rep office in Manila

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