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Credit Suisse unveils ‘radical’ strategy as 3Q loss hits $4B

Summary by Ground News
Swiss bank Credit Suisse unveiled Thursday a “radical strategy” aimed to overcome a string of recent troubles that have dented its reputation.
Published 3 months ago

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Credit Suisse Unveils 'Radical' Strategy As Q3 Loss Hits $4 Billion

Credit Suisse's revenues in the third quarter rises 4 per cent to 3.8 billion Swiss francs ($3.9 billion)

3 months ago·India
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Credit Suisse seeks billions from investors in make-or-break shake-up

Credit Suisse plans to raise 4 billion Swiss francs ($4 billion) from investors, cut thousands of jobs and shift its focus from investment banking towards rich clients as the bank attempts to put years of scandals behind it, sending its shares sliding.

3 months ago·United Kingdom
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Credit Suisse unveils 'radical' strategy as 3Q loss hits $4B

Swiss bank Credit Suisse has unveiled a “radical strategy” meant to overcome recent troubles that have dented its reputation. The Zurich-based bank announced Thursday plans to cut costs, lower staff

3 months ago·United States
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Credit Suisse unveils 'radical' strategy as 3Q loss hits $4B

Swiss bank Credit Suisse has unveiled a “radical strategy” meant to overcome recent troubles that have dented its reputation

3 months ago·United States
Read Full Article

Credit Suisse unveils 'radical' strategy as 3Q loss hits $4B

Swiss bank Credit Suisse has unveiled a “radical strategy” meant to overcome recent troubles that have dented its reputation

3 months ago·Washington, United States
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Credit Suisse shares plunge 18% as bank announces huge third-quarter loss and strategic overhaul

Credit Suisse has posted a quarterly loss that is significantly worse than analyst estimates, as it announced a massive strategic overhaul.

3 months ago·United States
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