02/22/2016
The result, depressed in part by the rising cost of bad loans to oil and gas companies, marks a setback to Chief Executive Officer Stuart Gulliver’s efforts to bolster profitability and reverse a share slump.
02/04/2016
Credit Suisse reported Group FY2015 pre-tax loss of CHF 2,422 million and 4Q15 pre-tax loss of CHF 6,441 million, including substantial charges which are not reflective of our underlying business performance: goodwill impairment of CHF 3.8 billion, restru
02/02/2016
UBS said adjusted pretax profit at its flagship wealth-management business fell by 193 million francs to 505 million francs in the quarter, with net outflows of 3.4 billion francs over the period. The lender cited "very low levels of client activity.
02/01/2016
Credit Suisse’s new boss, Tidjane Thiam, has promised to overhaul the bank and double profits by 2018