Credit Suisse boosts asset cuts amid concerns over capital
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Zurich
CREDIT Suisse Group, under pressure to boost capital, increased its planned asset reductions and proposed a dividend payable either in shares or cash.
Switzerland's second-biggest bank on Thursday posted fourth-quarter net income that amounted to 921 million francs (S$1.34 billion), compared with a 476 million franc loss in the year-earlier period. The lender cut bonuses for the group and the executive board.
Share with us your feedback on BT's products and services
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
