Sweeping changes at Credit Suisse’s European investment banking unit should leave the bank better placed to take advantage of opportunities in post-Brexit markets, the division’s heads say.

Speaking after revealing a revamp of the European business, Marisa Drew, co-head of investment banking and capital markets for Europe, the Middle East and Africa, said: "Now that we're a quarter past the Brexit vote, we conducted a detailed assessment of what we think the way forward is in terms of the revenue proposition for our business and how we are organised around the opportunities that we see coming."