Credit Suisse Group-which said this month that it plans to shutter its private banking business in the United States and Canada-announced a restructuring Tuesday of its private banking business worldwide.

The Zurich-based banking company said it would reorganize the business into five groups serving onshore and offshore clients in Europe, the Middle East, Latin America, and the Asia-Pacific region.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.