Coverage dated November 22, 2022

Credit Suisse Projects $1.6 Billion Fourth-Quarter Loss as It Embarks on Strategy Overhaul

Headline from NBC 5 Dallas-Fort Worth

Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul.

NBC 5 Dallas-Fort Worth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

6 articles, oldest first.

  1. FOX Business

    Credit Suisse warns of $1.6 billion loss after clients pull money (opens FOX Business)

    Published

    FOX Business's feed description

    Credit Suisse, racked with issues since it lost billions from the default of Archegos in March 2021, decided to issue stock after $1.6 billion in withdrawals.

  2. NBC 5 Dallas-Fort Worth

    Credit Suisse Projects $1.6 Billion Fourth-Quarter Loss as It Embarks on Strategy Overhaul (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul.

  3. Bloomberg

    Credit Suisse Saw $88 Billion in Outflows as Confidence Slumped (opens Bloomberg)

    Published

    Bloomberg's feed description

    Credit Suisse Group AG clients pulled as much as 84 billion Swiss francs ($88.3 billion) of their money from the bank during the first few weeks of the quarter, underlining ongoing concerns over the bank’s restructuring efforts after years of scandals.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Credit Suisse Projects $1.6 Billion Fourth-Quarter Loss as It Embarks on Strategy Overhaul | Since Then