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

Credit Suisse unveils ‘radical’ strategy as third-quarter loss hits US$4.1-billion

The strategy unveiled by Credit Suisse on Thursday involves cost cuts, staff reductions, steps to lower risk and a cash infusion through a share purchase from a leading Saudi bank

Credit Suisse launches radical overhaul to stabilise bank

Switzerland's second-biggest bank launched a strategic review aimed at putting an end to a series of scandals that have shaken the institution, saying the new plan was intended to create ‘a simpler, more focused and more stable bank’

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

GENEVA (AP) -- Swiss bank Credit Suisse unveiled Thursday a "radical strategy" aimed to overcome a string of recent troubles that have dented its reputation, involving cost cuts, staff reductions, steps to lower risk and a cash infusion through a share purchase from a leading Saudi bank. Read More

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)

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

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.