Credit Suisse global legal panel review delayed as UK and EMEA rosters scrapped

Bank to replace UK and EMEA rosters with global panel as firms also wait on results of SocGen adviser review

Swiss banking giant Credit Suisse’s global legal panel has been delayed, with firms still waiting to hear whether they have been successful in winning spots on the roster that will replace the bank’s UK and EMEA panels.

The bank has decided to scrap the EMEA and UK panels and instead rely on a global line-up of external law firms. It is currently almost two months behind schedule in confirming the firms to have been appointed, according to partners involved in the process.

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