Aligning with a "new regulatory reality," Credit Suisse's (CS) move today splits its investment...

|About: Credit Suisse Group AG (CS)|By:, SA News Editor

Aligning with a "new regulatory reality," Credit Suisse's (CS) move today splits its investment bank into two units, removing private banking from the business. The action should clear the line between Swiss and American operations. Shares -2.3% premarket. (PR)