Credit Suisse 2016 net loss of 2.4 bn Swiss francs
Zurich economy
Zurich - Arab Today
Credit Suisse, Switzerland's second-biggest bank, said Tuesday its net loss had narrowed to 2.4 billion Swiss francs (2.2 billion euros, $2.3 billion) in 2016 against 2.9 million a year earlier.
"We have significantly reduced our fixed operating cost base and increased our operating leverage. We have generated industry-leading net inflows at higher margins," said CEO Tidjane Thiam.
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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