Credit Suisse has come up in conversation a couple of times this week. First the rumour mill said that Euromoney’s Best global bank – according to the 2010 Awards for excellence – was moving its spot FX operation back to London from Zurich. Which would be a turn up after all the brouhaha that banks would desert the UK in favour of countries that were more tax- and bonus-friendly.
But it seems the rumour was only partly true.
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