Credit Suisse's European operations are set to bear the brunt of front-office job cuts as the Swiss bank prepares to cut around 900 jobs from its investment bank as part of a broader overhaul.

Around half of the planned 900 client-facing job reductions globally — or 450 people — will come from its investment banking and markets businesses in Europe, the Middle East and Africa, according to people familiar with the matter, as some underperforming divisions in the region are set to shrink.