Credit Suisse plans to double the headcount of its Indian operations over the next 12 months as global banks in the country expand their presence – even as they cut back in the US and Europe. The bank currently employs 140 people in India across its investment banking and wealth management or private banking and asset management units, which cover M&A advisory, securities trading and corporate finance, among other areas. As part of its hiring programme, Credit Suisse plans to increase numbers of investment bankers in client coverage from 11 to 22-25 and private bankers from 50 to 100.

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