Holiday season is in full flow, and some Credit Suisse bankers and traders will have ample time for cooking turkeys and decking their halls. With weeks to go until the festivities, a new round of people are parting company with the Swiss bank.
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Credit Suisse declined to comment on the departures, which include former managing directors everywhere from the UK to the US and Singapore. Individuals affected in the UK said they were informed they'd be losing their jobs in November and that this is simply the end of their notice period. "I imagine we're the last round being cut before Christmas. It's a question of tidying up the shop for the New Year," said one.