Banking

Credit Suisse to triple onshore China team in next 5 years – China CEO

Published by maria gbaf

Posted on November 2, 2021

1 min read

· Last updated: January 28, 2026

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Credit Suisse to Expand Onshore China Team Significantly

SHANGHAI (Reuters) – Swiss investment bank Credit Suisse Group AG plans to expand its onshore team in China by three times in the next five years, the bank’s China CEO said on Tuesday.

Janice Hu said in a media roundtable that Credit Suisse has hired more than 120 people since gaining a majority stake in its China securities joint venture in June 2020.

(Reporting by Zoey Zhang and Andrew Galbraith; Editing by Kim Coghill)

Key Takeaways

  • Credit Suisse plans to triple its onshore China team.
  • The expansion will occur over the next five years.
  • Over 120 hires have been made since June 2020.
  • The bank holds a majority stake in its China JV.
  • Janice Hu leads the expansion as China CEO.

Frequently Asked Questions

What is the main topic?
The article discusses Credit Suisse's plan to expand its onshore team in China by three times over the next five years.
Who is leading the expansion?
Janice Hu, the China CEO of Credit Suisse, is leading the expansion efforts.
How many people has Credit Suisse hired since June 2020?
Credit Suisse has hired over 120 people since gaining a majority stake in its China securities joint venture in June 2020.

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