Credit Suisse revamp progress buys CEO breathing room on capital
Wed, Mar 29, 2017 - 5:50 AM
Mr Thiam said advances that Credit Suisse had made included cost cuts and a higher capital ratio.
Zurich
THE "massive progress" Credit Suisse Group AG has made in its restructuring efforts has given the firm enough breathing room to consider alternative capital-raising options beyond a longstanding plan to list part of its Swiss bank unit, its chief executive officer said.
Register to read this article. Log in if you are already a subscriber.Register to read this article. Log in if you are already a subscriber.Please log in or subscribe to continue reading.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes