Former Credit Suisse Chief Executive Brady Dougan Getting Back to Banking
Posted: Tue Nov 22, 2016 8:55 am
The former Credit Suisse chief executive Brady Dougan and predecessor of Tidjane Thiam is reportedly planning to launch a merchant bank in the early part of 2017, according to a report in the Wall Street Journal. Dougan’s venture will be backed by Scepter Partners, a syndicate of wealthy Middle Eastern families and state investment funds.
The bank plans to make investments across a number of industries while providing investment-banking and trading services.
Although Dougan’s plan is still being fine-tuned, the concept is said to encompass a broader aspect than many of the ’boutique’ firms that other former senior Wall Street executives ... (read more)