UK - Credit Suisse Asset Management (CSAM) - the institutional and mutual fund management arm of Credit Suisse Group - has acquired SLC Asset Management (SLCAM) for an undisclosed amount, in a move that is likely to result in some job losses.
According to deputy chairman for CSAM, Bob Parker, some losses will occur as result of the deal but were not likely to be on a major scale. He added that the firm was still working on the merger of...
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