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Credit Suisse will cut 9,000 jobs by 2025 as it launches major overhaul to stabilise bank

Summary by Ground News
Switzerland's second-biggest bank launched a strategic review aimed at putting an end to a series of scandals. The Zurich-based bank revealed it was going for a "radical restructuring" of its investment bank. The bank intends to raise capital worth four billion Swiss francs through issuing new shares to qualified investors.

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fnlondon.com broke the news in London, United Kingdom on Thursday, October 27, 2022.
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