Comment: Credit Suisse’s wealth business powers ahead

Credit Suisse is beginning to make a habit of reporting strong wealth management results and its second quarter numbers added to this perception.

The world's fifth largest wealth manager, according to a recent survey from consultancy Scorpio Partnership, managed to add another SFr8.5bn (€5.6bn) of net new money in the second quarter of the year to its estimated SFr611bn of assets in its global private banking operations.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire