Credit Suisse projects $1.6 billion fourth-quarter loss

Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva.

Fabrice Coffrini | AFP | Getty Images

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

The embattled lender last month announced a raft of measures to…

Go To News

China may have ‘passed the point of no return’ as Covid infections soar

Chaos in final Fauci press conference as yelling reporter drowns out questions