Credit Suisse Australia and Jarden have called it quits, ending their thirty-year strategic alliance.
Credit Suisse Australia and Jarden announced they have agreed to exit their formal strategic alliance due to “the evolving strategic priorities of both firms”.
“We wish Jarden all the best,” said Credit Suisse Australia CEO Richard Gibb. “We have a long history between us and we look forward to the opportunity to work together in the future.”
In May, Jarden announced it would expand its service offering into the Australian market, with an emphasis on equity capital markets, and appointed a number of Australian bankers and markets specialists to drive growth.
“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 Jarden CEO James Lee.