en     ru     jp
 
 
private banking
private banking
private banking
private banking
private banking
private banking
private banking
    LOGIN HERE!  
Add privatebanking.com as a search provider to your browser  
 
Advanced Search  
Private Banking & Wealth Management search tool 
     
  Search entity  
  Search person  
 
 
Home
       
 
Back
 
Credit Suisse to cut 5,500 jobs in 2017 after $2.4 billion full-year loss Feb 14, 2017
 
<p><a href="http://news.yahoo.com/credit-suisse-fourth-quarter-net-loss-2-34-064146684--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/js5PNhAKeIr28Bd1zhC8oQ--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PTEzMA--/http://media.zenfs.com/en_us/News/Reuters/2017-02-14T080554Z_2_LYNXMPED1D0CS_RTROPTP_2_CREDIT-SUISSE.JPG" width="130" height="86" alt="A man enters the Credit Suisse offices in the Manhattan borough of New York" align="left" title="A man enters the Credit Suisse offices in the Manhattan borough of New York" border="0" /></a>Credit Suisse posted a 2.44 billion Swiss franc ($2.43 billion) net loss for 2016, its second straight year in the red, keeping pressure on Chief Executive Tidjane Thiam to deliver on his turnaround plan for Switzerland's second-biggest bank. The average estimate in a Reuters poll of seven analysts was for a net loss of 2.013 billion francs in the quarter. Zurich-based Credit Suisse also said it will cut its headcount by a net 5,500 jobs in 2017 after 7,250 layoffs in 2016, as it works toward its 2018 cost-cutting target.</p><br clear="all"/>
 
  print  
  email to friend  


 
 
Back
 
 
private banking
private banking
private banking
private banking
private banking
private banking
private banking

 
Home News Library Newsletters Event Calendar Advertise About Contact FAQ
Privacy Policy     Terms of Service
 

©