Credit Suisse investment bankers' $700m share of a $5bn toxic asset pool set up in 2008 declined in value in the first six months of this year, a person familiar with the situation said on Thursday.

Credit Suisse took the $5bn worth of assets off its balance sheet in 2008, placing them in a separate vehicle of largely commercial mortgage-backed securities and leveraged loan products in order to scale back risks during the financial crisis.

Credit Suisse toxic-pool bonus shares fall

Investment bankers at the Swiss firm saw their share of a toxic bonus pool decline in H1

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Deutsche Bank’s UK MD numbers slide for the first time in four years

HSBC plans to increase staff surveillance as it moves to new London HQ

Why Deutsche Bank’s former FX chief is reinventing himself as an opera composer

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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