Credit Suisse Bonuses to Have Bonds That Can Be Wiped Out

Credit Suisse Group AG (CSGN), the second-largest Swiss bank, is paying part of 2013 bonuses to top employees in bonds that can be wiped out if the firm fails to maintain enough capital.

Goldman Sachs to GLG Open Asia Hedge Funds as Big Is Chic

Global banks and asset managers are opening hedge funds in Asia for the first time since the 2008 financial crisis, putting pressure on smaller firms that are already struggling to hold onto investors.

Credit Suisse in talks to sell private equity unit: Report

Credit Suisse Group AG is in advanced talks to sell its private equity business to Grosvenor Capital Management LP as the bank adapts to stricter rules for managing capital and risk, the Wall Street Journal reported, citing people familiar with the matter.

Neiman To Court Sovereign Wealth Funds

Neiman Marcus Group Inc. is planning overtures to a handful of sovereign-wealth funds about a possible buyout of the luxury retailer, said people familiar with deliberations.

Credit Suisse Said to Start Venture With Qatar

Credit Suisse Group AG (CSGN) and a unit of Qatar Investment Authority, the Persian Gulf emirate’s sovereign-wealth fund, plan to start an asset-management joint venture, three people with knowledge of the matter said.