Wealth Management is not the same as retail banking. "The Wealth Management divi... | Hacker News

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		rluhar on March 15, 2023 \| parent \| context \| favorite \| on: Credit Suisse sheds nearly 25%, key backer says no... Wealth Management is not the same as retail banking. "The Wealth Management division offers comprehensive wealth management and investment solutions and tailored financing and advisory services to ultra- high-net-worth (UHNW) and high- net-worth (HNW) individuals and external asset managers" Reference: https://www.credit-suisse.com/about-us/en/our-company/struct...

esja on March 15, 2023 | [–]

How is that relevant? You said: "It does not have a significant retail presence." Meanwhile, CS does have a massive retail presence, in Switzerland, and has done for 150+ years.

rluhar on March 15, 2023 | | [–]

Fair enough. I stand corrected. Thank you.

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