Credit Suisse Projects $1.6 Billion Fourth-Quarter Loss as It Embarks on Strategy Overhaul
Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul.
Reports & sources
FOX Business
Credit Suisse warns of $1.6 billion loss after clients pull money (opens FOX Business)FOX Business's feed description
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)NBC 5 Dallas-Fort Worth's feed description
Bloomberg
Credit Suisse Saw $88 Billion in Outflows as Confidence Slumped (opens Bloomberg)Bloomberg's feed description