Morning Scan: Credit Suisse Mulls Spinoff; Metal Fraud Probe

Receiving Wide Coverage ...

Suisse Weighs Spinoff: Credit Suisse may spin off a part of its fixed-income trading business. The Swiss lender is considering selling a stake in its Wake USA subsidiary to outside investors and making it an independent operation, according to anonymice. The move would be "designed to cut its capital costs, as banks around the world face declining revenues from trading bonds," the Financial Times reports. The Wall Street Journal has a similar...