📺 Credit Suisse is cutting costs and hiving off superfluous businesses. But clients have fled the core wealth unit. Unless things stabilise soon, CEO Ulrich Körner will have to consider a more radical breakup strategy, argues LiamWardProud
Russia cuts oil output by 500,000 barrels per day01:33Yahoo to lay off more than 20% of staffWall St ends lower as recession fears returnCIO sees 'flashing red light' as yield curve inverts.
Russia cuts oil output by 500,000 barrels per day01:33Yahoo to lay off more than 20% of staffWall St ends lower as recession fears returnCIO sees 'flashing red light' as yield curve invertsNorge Siste Nytt, Norge Overskrifter
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Credit Suisse credit default swaps rise after big annual lossThe cost of insuring exposure to Credit Suisse debt rose on Thursday after the Swiss lender reported its worst annual loss since the 2008 global financial crisis after rattled clients fled in droves.
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Here are Credit Suisse's favorite stocks for FebruaryDespite the uncertain market backdrop, Credit Suisse highlighted several stocks it thinks can outperform going forward.
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Credit Suisse posts massive annual loss as 'radical' restructure gets underwayCredit Suisse on Thursday reported a fourth-quarter net loss of 1.4 billion Swiss francs, as it carried out its strategic overhaul.
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Credit Suisse 4Q Net Loss CHF1.39BBy Ed Frankl Credit Suisse Group AG notched up its fifth-straight quarterly loss in the last three months of 2022 after clients pulled billions in deposits...
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Credit Suisse posts worst annual loss since global financial crisisCredit Suisse Group on Thursday reported its worst annual loss since the 2008 global financial crisis, battered by scandals and heavy losses that led to unprecedented customer withdrawals.
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Wealthy clients pulled more than $100 billion from Credit Suisse in the fourth quarterBeleaguered Swiss banking giant Credit Suisse on Thursday revealed that wealthy clients pulled 92.7 billion francs ($101 billion) out of the bank in the...
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