New Credit Suisse a Simpler, More Stable Bank, CEO Says

Credit Suisse Group AG Chief Executive Officer Ulrich Koerner discusses the lender's plan to undertake a 4 billion franc ($4.1 billion) capital raise, break up its investment bank and cut thousands of jobs. The overhaul "will deliver sustainably profitable results to our shareholders," Koerner said during an interview with Bloomberg's Francine Lacqua in Zurich.

New Credit Suisse a Simpler, More Stable Bank, CEO Says


Bloomberg

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