Credit Suisse pares back investment banking, sharpens focus on rich - NewsBreak

FRANKFURT/ZURICH, Nov 4 (Reuters) - Credit Suisse (CSGN.S) will pare back its investment bank and focus on building its wealthy client base, the Swiss bank said on Thursday, as it regroups following a string of scandals. The bank will shutter much of its prime broking business that dealt with hedge...