This merger makes no sense to me. Credit Suisse beats giants like UBS and Goldman Sachs in terms of AUM in emerging markets so what could a merger with Baers possibly add to Credit Suisse’s bottom line or net new accounts? Credit Suisse definitely has a bigger and stronger clientele network than Bears and I doubt that there are significant new accounts/fresh monies that could be added to Suisse out of this merger . Bears market share is not that big (compared to suisse) in the private banking and wealth management arena where the focus is (not in the top 5) and Credit Suisse has a much stronger asset management platform
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