Credit Suisse aims to cut more costs

China Daily (Canada) - - BUSINESS -

Credit Suisse Group AG an­nounced new­steps in its re­struc­tur­ing with greater cost cuts and plans to re­duce head­count by an­other 2,000. The Swiss bank is cit­ing “dis­ap­point­ing fi­nan­cial re­sults” be­cause of a com­bi­na­tion of a high, in­flex­i­ble cost

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