Investment Banking

Credit Suisse shelves Klein acquisition as dealmaking fees tumble 51%

The Swiss bank lost CHF67bn in customer deposits as it was forced into a merger with rival UBS

Plans to buy former Citi man's boutique fall through as Credit Suisse reports rough first quarter
Plans to buy former Citi man's boutique fall through as Credit Suisse reports rough first quarter Photo: Getty Images

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Credit Suisse has terminated a deal to acquire former Citigroup dealmaker Michael Klein's boutique.

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