Arab Today, arab today credit suisse to buy morgan stanley\s wealth management arm
Last Updated : GMT 02:15:28
Arab Today, arab today
Arab Today, arab today

Credit Suisse to buy Morgan Stanley\'s wealth management arm

Arab Today, arab today

Arab Today, arab today Credit Suisse to buy Morgan Stanley\'s wealth management arm

Zurich - AFP

Swiss banking giant Credit Suisse on Wednesday announced it will buy US bank Morgan Stanley\'s wealth management businesses in Europe, the Middle East and Africa, excluding Switzerland. The assets under management are worth $13 billion dollars (10.6 billion euros), Credit Suisse said in a statement.

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