Matthias Kemmerer Profile picture
PhD on 1970s–80s German business & financial history @goetheuni @UniofOxford @HenkelStiftung, graduate in Latin & history, formerly @GUG_ev HiKo @badw_muenchen
Mar 18, 2023 26 tweets 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)