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.

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