Credit Suisse AG is one of the paramount names across the financial services industry, especially in the field of Forex. Like its other institutional counterparts, the group has found itself facing a brush with global regulators amid an ongoing probe into a $5.3 trillion dollar a day industry. Additionally, earlier this year, the Securities and Exchange Commission (SEC) levied formal charges against Credit Suisse for the violation of US Federal Securities laws through the illegal providing of cross-border brokerage and services to unregistered US clients.
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Facing an explosive and robust market in China, many institutional and retail investors have looked east for FX prospects. Several firms, such as Saxo Bank and FXCM, have already launched exposure to the CNH with demand growing for the Chinese currency. In charge of this bourgeoning market will be Angie Ma, who is now tasked with overseeing Credit Suisse’s operations in Greater China as Managing Director, Sector Head, and Deputy Market leader. Mrs. Ma has been promoted internally, having risen from the previous ranks of an Investment Banking Analyst at Credit Suisse.