Credit Suisse says securing deals on merit

June 9, 2014 12:05 pm

Credit Suisse Group, the Swiss investment bank which advised Qatar on some of its most high-profile investments, has said it’s gaining deals on merit and not because of the Gulf state’s status as a key shareholder, Bloomberg has reported. “We’re winning deals in a competitive environment on the basis of how strong our credentials are in a particular sector, geography or product,” Aladdin Hangari, the bank’s CEO for Qatar, said. “Just having Qatar as a shareholder is not enough to win mandates.”