Wealth and Asset Management
Credit Suisse Plans to Cut Up to 6,500 Jobs This Year After Loss
Credit Suisse Group AG posted a fourth-quarter loss of 2.35 billion francs ($2.34 billion) after taking a charge to settle a U.S. investigation into the role of its mortgage securities business in the 2008 financial crisis. The bank pledged to cut between 5,500 and 6,500 jobs this year.
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Click here to read the full story: Bloomberg