Wealth and Asset Management
Credit Suisse Posts Loss After Burying U.S. Battle
The Swiss bank swung to a fourth-quarter loss after a hefty financial crisis-era penalty in the U.S. as well as kissing off a U.S. hedge fund and restructuring. It plans to slightly lifts its year-end payout to investors. The Zurich-based bank careened to a 353 million Swiss francs ($394 million)…
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