The Secret Winner of Credit Suisse's Restructuring
With its reorganization, Credit Suisse has yet to convince markets and investors. Nevertheless, a winner emerges from the ranks of the Swiss bank.
Source: finews.com
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Credit Suisse's Korea operation aims to maintain key status amid restructuring plan
Credit Suisse announced a series of radical restructuring measures to revamp its global banking business on Thursday, after taking three months of thoroughly reviewing and reassessing its strategic future directions. The measures came as the Switzerland-headquartered bank posted its fourth straight quarterly loss for the third quarter of this year. According to its earnings announcement released earlier this week, the global lender lost $346 million in the third quarter alone, a drastic contrast from its $1 billion profit recorded a year ago.
Source: koreatimes.co.kr
Credit Suisse launches radical overhaul to stabilise bank
Credit Suisse unveiled radical measures Thursday aimed at turning around the beleaguered bank following huge third quarter losses
Source: enca.com
Credit Suisse is One of 13 Too-Big-to-Fail Banks in Europe, But It Looks Like It Could Be Failing
Following a string of scandals, bad investments and woeful risk management, Switzerland's second largest bank, Credit Suisse, is close to the edge.
Source: nakedcapitalism.com
The evolution of Credit Suisse over 166 years
ZURICH (Reuters) - Credit Suisse announced on Thursday a strategic revamp aiming to turn the corner on years of scandals, losses and executive upheava...
Source: wsau.com