Credit Suisse Dismisses Bankers in Mexico as Part of Global Job Cuts

Photographer: Stefan Wermuth/Bloomberg
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Credit Suisse Group AG dismissed most of its team of Mexico-based bankers as part of its global drive to shrink its investment bank, according to people with knowledge of the matter.

The cuts were focused on structured-finance investment bankers, leaving the brokerage unit standing, one of the people said, asking not to be identified discussing information that isn’t public.