NZ investment banking firm and Credit Suisse end alliance
New Zealand-based investment banking firm, Jarden, and Credit Suisse Australia have announced they have reached a mutual agreement and agreed to exit their formal strategic alliance due to “evolving strategic priorities of both firms”.
Following this, the companies said the transition would take place over the coming months.
“Credit Suisse has been a great partner for Jarden and we also look forward to continuing to work on transactions and initiatives that can mutually benefit our clients,” said James Lee, chief executive of Jarden, said.
Jarden offers a range of investment products and services to clients operating in wholesale and retail markets in New Zealand and around the world and serves a range of clients from individuals to family offices, charitable trusts as well as large corporations and institutions.
“We wish Jarden all the best. We have a long history between us and we look forward to the opportunity to work together in the future,” said Credit Suisse Australia’s chief executive, Richard Gibb, said.
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