Today news
About the same in other media
Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning
Reading now: 497
fnlondon.comCredit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in frontline staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.
The Swiss bank said that it would be accelerating some planned cost-reductions in an 8 June trading update, when it said that poor performance in its investment bank was likely to lead to a quarterly loss.
"There...
Read more on fnlondon.comAbout this in other media
Credit Suisse bolsters UK investment bank with JPMorgan and BNP Paribas hires fnlondon.com /2 years ago
Why a Credit Suisse takeover post-Archegos would need a very bold bidder fnlondon.com /2 years ago
Credit Suisse bolsters UK investment bank with JPMorgan and BNP Paribas hires fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Ethereum [ETH]: Analyzing how this resistance level can furnish an opportunity for investors](https://finance-news.co/storage/thumbs_400/img/2022/7/8/32746_bsrc.jpg)
![Has Binance Coin [BNB] hit a brick wall after gaining 17% within eight days?](https://finance-news.co/storage/thumbs_400/img/2022/7/8/32737_l0us.jpg)
