You are here

Credit Suisse to further cut costs, downsize investment bank

Bank aims to achieve 1.7b Swiss francs in cost savings this year, as it restructures to revitalise its earnings
Thursday, March 24, 2016 - 05:50

Zurich

CREDIT Suisse Group on Wednesday announced 800 million Swiss francs (S$1.12 billion) in additional cost cuts and plans to shrink its investment bank further as part of a restructuring plan aimed at revitalising its earnings.

Like its global peers, Credit Suisse is grappling

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom