Wealth and Asset Management
Credit Suisse ends tumultuous year with big loss as litigation costs bite
Credit Suisse reports pre-tax loss of CHF 522 mn in FY21, impacted by the Archegos matter, goodwill impairment and litigation provisions. On an underlying basis*, the bank posts pre-tax income of CHF 6.6 bn "2021 was a very challenging year for Credit Suisse. Our reported financial results were negatively impacted…
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