The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Credit Suisse Shops in the UK Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, October 15, 2001

Credit Suisse Shops in the UK

Reported by Tony Pennino

Credit Suisse intends to purchase the United Kingdom arm of Sun Life Financial Services of Canada. The sale still has a couple of hurdles, including approval from regulators in the United Kingdom.

"The sale of our UK asset management division is part of our strategic review of all business units in the UK," explained Donald A. Stewart, chairman and ceo of Sun Life Financial. "One of our goals was to find a buyer willing to retain a team of seasoned portfolio managers to ensure minimum disruption to our clients. We are very pleased to have found that buyer in Credit Suisse Asset Management."

The unit employees 150 people in London. Credit Suisse will use the assets from the sale for general corporate purposes. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use