credit suisse to cut 5500 jobs after 24bn dollars net loss in 2016

Credit Suisse to Cut 5500 Jobs after $2.4Bn Net Loss in 2016

Company Pavan Pandey - Feb 14, 2017

This is the second straight year in the red, which is keeping the pressure on CEO Tidjane Thiam to deliver on his turnaround strategy for Switzerland’s second-largest bank.

credit suisse resolves us mortgage probe at 53 billion dollars

Credit Suisse resolves US Mortgage probe at $5.3 billion

Market Pavan Pandey - Jan 19, 2017

Credit Suisse has officially agreed to pay $5.3 billion to settle with US authorities over claims that it misled investors in residential mortgage-backed securities.

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