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Credit Suisse hiring private bankers for Saudi Arabia push

Bloomberg Credit Suisse Group AG is planning to hire more relationship managers in Saudi Arabia, joining rivals including Deutsche Bank AG in designating the country as a priority for their wealth management business. The recruitment drive comes after the Zurich-based bank established a platform allowing it to offer private banking services and products in the country, according to an emailed ...

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Lloyds seeks new London office in $130mn cost push

Bloomberg Lloyds Banking Group Plc is in talks to lease a new London office with room for about 1,000 workers in an effort to consolidate its locations in the capital and help save 100 million pounds ($130 million), two people familiar with the plan said. The UK bank is in discussions with law firm CMS Cameron McKenna LLP to lease ...

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Handelsbanken CEO targets UK growth

Bloomberg One of Sweden’s biggest banks is targeting growth in the UK as uncertainty surrounding the country’s future amid Brexit talks proves no deterrent at all. The chief executive officer of Svenska Handelsbanken AB, Anders Bouvin, told Bloomberg TV’s Francine Lacqua he is “very firmly committed” to the U.K. market. Management will probably continue to add branches, though the CEO ...

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