Times Colonist

Credit Suisse cuts more jobs

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ZURICH — Credit Suisse will cut another 1,500 jobs and scale back its capital-guzzling investment banking business as it seeks to meet tough new regulation­s after the unit reported disappoint­ing third-quarter results. The job losses come on top of 2,000 cuts announced by the Swiss bank in July out of a total of about 50,700.

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