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Credit to Credit Suisse for taking Brexit bull by the horns

COMMENT: Bank is an early mover in working out what a UK investment banking business should now look like. Others should follow

Credit to Credit Suisse for taking Brexit bull by the horns
Photo: iStockPhoto

“Brexit changes things, so we’re changing our business."

OK, those weren't the exact words from Credit Suisse's European investment banking co-heads when discussing their revamp of the UK business, but they may as well have been. And such clear, immediate and logical decisions - a rarity in investment banking -deserve to be applauded.

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