Credit Suisse progress gives bank breathing space


Thiam: ‘The IPO was a capital backstop and we were clear about that in February.’ – Bloomberg

CEO says worst may be over for headcount reduction

ZURICH: The “massive progress” Credit Suisse Group AG has made in its restructuring efforts has given the firm enough breathing room to consider alternative capital-raising options beyond a longstanding plan to list part of its Swiss bank unit, its chief executive officer said.

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