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Brazil is a key market in the ‘new Credit Suisse’, says chairman Axel Lehmann

Brazil is a key market in the strategy of the "new Credit Suisse," the crisis-ridden major Swiss bank that is busy restructuring globally, according to Axel P. Lehmann, chairman of the financial group, who held a round of meetings with local clients last week.

In a pause for a chat with the local outlet Valor at the bank's headquarters in São Paulo, he states that the operation in Latin America's largest market suffered withdrawals in a similar proportion to other markets such as Asia, Europe, and the United States, with 85% of the 2022 withdrawals concentrated . . .

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