Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Credit Suisse in advanced discussions on future of InvestLab

Credit Suisse in advanced discussions on future of InvestLab
FILE PHOTO: A worker repairs the logo of Swiss bank Credit Suisse at a branch in Zurich, Switzerland November 1, 2018. REUTERS/Arnd Wiegmann -
Copyright
ARND WIEGMANN(Reuters)
Euronews logo
Text size Aa Aa

ZURICH (Reuters) – Credit Suisse said on Monday it was in advanced talks on the future of investment product platform InvestLab.

“Credit Suisse is in advanced discussions regarding strategic alternatives to support the further development of Credit Suisse InvestLab, although no final decision has been made,” the Swiss bank said in a statement.

Financial news website Inside Paradeplatz reported on Monday that Credit Suisse would sell InvestLab to wealth tech company Allfunds this week.

(Reporting by Silke Koltrowitz; Editing by Michael Shields)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.