Credit Suisse Confirms Sale of Unit, Likely to Benefit Private Banking Business

Credit Suisse has confirmed that it is to sell its insurance unit Winterthur to AXA. The sale announcement comes after widespread speculation on AXA’s intention to buy the insurance unit. AXA will....

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By: Contributing Editor
June 14, 2006
Credit Suisse has confirmed that it is to sell its insurance unit Winterthur to AXA. The sale announcement comes after widespread speculation on AXA’s intention to buy the insurance unit. AXA will....