Luszczewski refuses to comment on rumor of Credit Suisse group integration

The Credit Suisse financial group is considering consolidating the manageme nt structures of its enterprises operating in Poland. Among companies that are expected to take part in the process are life insurer Winterthur Zycie and pension fund PTE Winterthur, that are already being integrated, as well as Credit Suisse Asset Management, and possibly the investment fund PKO/CS. TU Winterthur could be excluded from the consolidation plans as there are r umors that it is to be sold to a unknown company called XL. President of Wi nterthur Zycie, Ireneusz Luszczewski, who is tipped to become president of the group after integration, refused to comment on the plans. "As in every company various projects are considered. It does not mean, however, that th ey will be discussed in public," he said. (Puls Biznesu, p. 5) M.K.