Credit Suisse to Add 1,200 Jobs in North Carolina, Siphoning Talent from NYC

[kreslik.news]

While Credit Suisse has been aggressively cutting positions across its global operations, at least one region will see a small number of hires, with the lender poised to bring 1,200 jobs to Raleigh, North Carolina, which will also include several relocated positions from New York City.

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Credit Suisse has been one of the more active banks in the job cutting space, having recently decided to shrink multiple Asian equities desks, as well as another 5,500 positions worldwide as part of its latest bid to restore profitability. The group ... (read more)