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Matthias Kemmerer
@KemmererHistory
PhD on 1970s–80s German business & financial history @goetheuni @UniofOxford @HenkelStiftung, graduate in Latin & history, formerly @GUG_ev HiKo @badw_muenchen
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Mar 18, 2023
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26 tweets
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64 min read
@adam_tooze
@LusManuelCalvo1
@AnjaCzer
@_nflry
@CasparShaller
@christa_wirth
@HansSuter
@ch_esch
@mullansp
Perhaps some
#econhist
#bizhis
context, also on Tobias Straumann's
@eth_en
insightful interview
@NZZ
on why & how
#CreditSuisse
turned towards investment banking in the 1970s/1980s: In contrast to Germany's
#DeutscheBank
, (1/24)
@adam_tooze
@LusManuelCalvo1
@AnjaCzer
@_nflry
@CasparShaller
@christa_wirth
@HansSuter
@ch_esch
@mullansp
@ETH_en
@NZZ
Credit Suisse decided in the 1970s to build strategic partnerships with US investment banks including cross-shareholdings to ensure mutual commitment in Zurich, London, and New York. Before the 1970s, Credit Suisse was in many respects similar to Deutsche. (2/24)