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Transcripts For BLOOMBERG The Pulse 20140206

Also coming up, saving sony as the firm forecast a surprise 1 billion loss. Lets begin with the Credit Suisse story. The Bank Reporting results today. The Second Biggest Bank missing estimates. Manus cranny sat down with the c. E. O. , brady dougan in zurich. Talk us through the numbers and tell us about those division. You know, guy, it is sort of like two misses and one hit. Provisions. 514 million swiss francs but they are making progress on the tax investigation with the f. E. C. And the mortgagebacked security. That is going on. Wealth management. A little bit of a shock here in switzerland and europe, guy. 2 billion going out the door it was that was about normalizing the business. Cash a little bit light compared to what we thought about. This tax issue is not going to go away. The i. R. S. Is not going to go ongoing issue. An u. B. S. Handed over 4,000 names. Those are the numbers, the issues on wealth. If youre an employee at Credit Suisse, total comp is down. Investment banki

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