ZURICH - Credit Suisse said it was wrapping its global markets and investment banking divisions into a single unit, as chief executive Thomas Gottstein puts his first major strategic stamp on the bank.
Switzerland's second-biggest bank also posted a 24 per cent rise in second-quarter net profit to 1.16 billion Swiss francs , overshooting the mean estimate for 700 million Swiss francs in the bank's own poll of 17 analysts.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Credit Suisse to merge investment bank and trading in revamp: sources[ZURICH] Credit Suisse Group is set to announce a sweeping overhaul of its business as chief executive officer Thomas Gottstein seeks to tighten controls and boost the performance of the investment bank. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Credit Suisse to merge investment bank and trading in major revamp: SourcesZURICH (BLOOMBERG) - Credit Suisse Group is set to announce a sweeping overhaul of its business as chief executive officer Thomas Gottstein seeks to tighten controls and boost the performance of the investment bank.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »