ECB Raising the Dose

THE year started with the belated adoption by the European Central Bank of quantitative easing (QE)—creating money to buy bonds—in the euro area. As the year ends, QE, which loosens monetary policy even when there is little scope to cut interest rates further, is being extended by an extra six months, so that the purchases…

Credit Suisse to launch new digital wealth management offering.

Next month Credit Suisse Private Bank will be rolling out new digital capabilities in Asia, and April will see the launch of a tablet banking offering in Switzerland. CEO Hans-Ulrich Meister, speaking to Euromoney, reveals the bank’s plans to digitize its private banking capabilities, initially focused on Asia. CEO Hans-Ulrich Meister “Given the profound shift taking…