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Credit Suisse confirms Layoffs

Credit Suisse

Credit Suisse

Credit Suisse spokesperson Duncan King confirmed that seven employees in its Life Finance Group in New York were laid off in early February and that another 10 were reassigned. However, he declined comment on whether the investment bank, based in New York, is planning on exiting the life settlement market entirely. The Life Finance Group’s Web page says it has 90 employees in New York, London and Hong Kong.

Source: Life Settlement Review

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