Credit Suisse Posts Another Loss, Predicts Further Pain. The Stock Falls

Credit Suisse Switzerland’s second-biggest bank, reported a fifth consecutive quarterly loss and predicted its investment bank and wealth management businesses will continue to suffer. Shares were down 4% in early trading in Zurich. The past year, the stock has dropped more than 60%. The bank lost…#switzerland #zurich #archegoscapital #ulrichkoerner
Source: Reuters: Health - Category: Consumer Health News Source Type: news