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Credit Suisse posts third straight annual loss

Wednesday, February 14, 2018 - 01:27

Credit Suisse posted a smaller-than-expected 2017 loss of 983 million Swiss francs ($1.05 billion) as a 2.3 billion franc writedown triggered by U.S. tax reform kept the bank from its first year in the black since CEO Tidjane Thiam launched a turnaround plan in 2015. Ciara Lee reports

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Credit Suisse posted a smaller-than-expected 2017 loss of 983 million Swiss francs ($1.05 billion) as a 2.3 billion franc writedown triggered by U.S. tax reform kept the bank from its first year in the black since CEO Tidjane Thiam launched a turnaround plan in 2015. Ciara Lee reports

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Credit Suisse posts third straight annual loss

Wednesday, February 14, 2018 - 01:27